Crude oil price keeps its positive stability – Analysis - 26-07-2021

2021-07-26 03:51:26 GMT (Economies.com)
 

Crude oil price settles above 71.05, getting positive support by the EMA50, waiting to resume the bullish trend that targets 73.30 initially, reminding you that breaching this level will push the price to 75.00 as a next target.

 

Note that breaking 71.05 and holding below it will stop the expected rise and press on the price to return to the correctional bearish track again.

 

The expected trading range for today is between 70.50 support and 73.30 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1624
0.0013
0.1158%
1.3772
0.0033
0.2391%
Tadawul
11891.39
45.46
0.38%
24.406
1.093
4.686%
84.518
1.172
1.406%
86.15
0.61
0.71%
1801.385
31.645
1.788%
 
 
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