Midday update for Brent oil 14-01-2022

2022-01-14 11:34:37 GMT (Economies.com)
 

Brent oil price rallies upwards to reach 85.00$ barrier, waiting for more bullish bias to test 85.80 level that represents our next main target, to continue suggesting the bullish trend that moves organized inside the bullish channel that appears on the chart, supported by stochastic positivity, noting that holding above 83.00 is required to achieve the waited targets.

 

The expected trading range for today is between 82.70 support and 85.70 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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