Midday update for Brent oil 19-09-2019

Economies.com
2019-09-19 10:00AM UTC

Brent oil price trades positively to approach from 64.30 barrier, which requires being aware from the upcoming trading, where the continuation of the bullish bias and breaching the mentioned level will push the price to continue the rise and visit 65.92 as a next positive station, while the price needs to settle below this level to resume the bearish trend that its targets begin by breaking 62.92 level to confirm opening the way towards 59.93.

 

The expected trading range for today is between 61.00 support and 64.00 resistance.

 

The expected trend for today: Bearish

Commodities News

Gold News

Commodities

Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Oil News

Commodities

Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Gold News

Commodities

Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Oil Analysis

Commodities

Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Silver Analysis

Commodities

Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...