Midday update for Brent oil 13-05-2022

2022-05-13 09:16:56 GMT (Economies.com)
 

Brent oil price fluctuates with slight negativity now, to test the EMA50 that forms intraday support that protects the expected positive scenario for today, which its first target located at 110.05, noting that breaking 105.05 will stop the suggested rise and press on the price to turn to decline.

 

The expected trading range for today is between 106.50 support and 111.00 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0413
-0.0131
1.2466%
1.2235
-0.0115
0.9276%
20.872
-1.252
5.657%
109.108
1.951
1.821%
110.62
-0.88
0.79%
1791.660
-77.200
4.131%
 
 
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