Crude oil crawls upwards – Analysis - 20-02-2019
Economies.com
2019-02-20 05:14AM UTC
Crude oil price shows slight positive trades to crawl gradually towards our first waited target at 57.46, and the positive effect of the inverted head and shoulders’ pattern still active, while the price is organized inside the bullish channel.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming period, reminding you that our extended target reaches 65.00, while holding above 54.50 represents key condition to continue the suggested bullish wave.
The expected trading range for today is between 55.50 support and 58.50 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
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 ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Commodities
Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Commodities
Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...