Midday update for Brent oil 23-02-2021

2021-02-23 10:10:47 GMT (Economies.com)
 

Brent oil price shows some slight bearish bias affected by stochastic negativity, and as long as the price is above 64.60, our bullish overview will remain valid for today, as breaking this level will put the price under additional negative pressure that targets testing 62.60 areas before any new attempt to rise, reminding you that the next target of the expected bullish wave reaches 67.45.

 

The expected trading range for today is between 65.00 support and 68.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2158
0.0013
0.1095%
1.4131
0.0095
0.6797%
Tadawul
9115.76
-51.05
0.56%
27.971
0.515
1.876%
63.443
3.054
5.057%
67.04
1.94
2.98%
1798.825
0.880
0.049%
 
 
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