Midday update for Brent oil 30-01-2023
Economies.com
2 months ago
Brent oil price shows some additional bearish bias to approach 85.10 support line, which represents one of the sideways range’s lines that dominates the intraday trades besides 88.20 resistance, to keep the sideways scenario valid until confirming surpassing one of these levels followed by detecting the next targets.
Note that the details of the expected targets after the breach are explained in our morning issued report.
The expected trading range for today is between 84.50 support and 88.00 resistance.
The expected trend for today: Sideways
Commodities News
Commodities
Gold declines but marks weekly and monthly profits
19 hours ago
Gold prices fell on Friday as the dollar gained ground against most major rivals following US ...
Commodities
Palladium climbs to near $1500 an ounce
1 day ago
Palladium prices rose on Friday even as the dollar edged up against major rivals, with the metal ...
Commodities
Oil extends gains to two-week high on supply shortage concerns
1 day ago
Oil prices rose in European trade for the second session, hitting two-week highs and on track for ...
Commodities Technical Analysis
Commodities
Midday update for Brent oil 31-03-2023
1 day ago
Brent oil price resumes its positive trading now to move away from 78.50 level, to support the ...
Commodities
Midday update for Crude oil 31-03-2023
1 day ago
Crude oil price is attempting to breach 74.50 level now, which supports the continuation of the ...
Commodities
Midday update for Silver 31-03-2023
1 day ago
Silver prices fluctuate near 24.00 level, waiting for more rise to surpass this level and rally ...