Crude oil price begins with bullish gap – Analysis - 03-10-2022
Economies.com
2022-10-03 04:18AM UTC
Crude oil price begins today with bullish gap that put the price at the intraday bearish channel’s resistance, waiting to cover this gap and resume the expected bearish wave on the intraday and short term basis, which its targets begin by breaking 79.35 to open the way to rally towards 76.30.
Therefore, the bearish trend scenario will remain valid and active unless breaching 82.40 and holding above it.
The expected trading range for today is between 79.00 support and 83.00 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Brent climbs 1.25% after Saudi crude price hike
2024-05-06 14:34PM UTC
International benchmark Brent rose 1.25% in the early American trade on track for the first profit ...
Commodities
Gold recovers as dollar loses ground
2024-05-06 09:32AM UTC
Gold prices rose in European trade on Monday for the first session in three days away from ...
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...