Crude Oil hits some bearish targets 14/11/2012

Economies.com
2012-11-14 06:01AM UTC

Crude oil achieved some bearish moves yesterday hitting levels near to 84.50, to bounce achieving some bullishness but it still stable below 86.00, and that’s what makes us continue in our bearish trend scenario which is preferred on the intraday basis, and it’s mainly targeting levels around 82.80 then 82.00

 

Expected trading range for today is between: 81.50 support and 87.00 resistance.

 

Expected trend for today: Bearish

Commodities News

Gold 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 ...
Gold News

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 ...
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 ...

Commodities Technical Analysis

Platinum Analysis

Commodities

Platinum price resumes the correctional decline – Forecast today – 23-4-2024
2024-04-23 04:56AM UTC
Platinum Price Analysis Expected Scenario Platinum price faced new negative pressures ...
Copper Analysis

Commodities

Copper price loses the positive momentum – Forecast today – 23-4-2024
2024-04-23 04:51AM UTC
Copper Price Analysis Expected Scenario The Copper price ended the recent bullish rally ...
Technical Analysis

Commodities

Wheat price surpasses the first target – Forecast today - 23-04-2024
2024-04-23 03:57AM UTC
Wheat Price Analysis Expected Scenario Wheat price rallied strongly yesterday, completing ...