Midday update for Brent oil 14-10-2021

2021-10-14 09:22:34 GMT (Economies.com)
 

Brent oil price trades positively to move away from the breached resistance of the bullish flag pattern, to support the expectations of continuing the bullish trend in the upcoming sessions, waiting for more rise to visit 84.20 as a first target, noting that breaching this level will extend the bullish wave to reach 85.15, while holding above 83.15 represents key condition to achieve the suggested targets.

 

The expected trading range for today is between 82.00 support and 85.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1601
-0.0011
0.0947%
1.3739
-0.0030
0.2186%
Tadawul
11807.79
-43.89
0.37%
24.070
-0.406
1.657%
82.088
-2.839
3.343%
84.12
-2.30
2.66%
1796.840
-7.205
0.399%
 
 
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