Midday update for Brent oil 13-04-2021

2021-04-13 10:05:48 GMT (Economies.com)
 

Brent oil price returns to rise to surpass 63.40 level and head towards potential test to the most important resistance 64.20, and as we mentioned this morning, the price needs to hold below these levels to keep the bearish trend scenario valid for today, as breaching the last level will push the price to turn to rise, while breaking 63.40 represents the key to reactivate the bearish trend that its next main target located at 60.30.

 

The expected trading range for today is between 61.50 support and 64.20 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2085
-0.0088
0.7192%
1.4034
-0.0102
0.7251%
Tadawul
10322.68
86.96
0.85%
26.898
-0.907
3.262%
64.445
-0.947
1.448%
67.58
-1.75
2.52%
1818.665
-25.560
1.386%
 
 
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