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Crude oil price surpasses the first target – Analysis - 22-04-2019

Economies.com
2019-04-22 04:03AM UTC

Crude oil price opened today’s trading with strong rise to succeed surpassing 64.90 level and settles above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, and the way is open to achieve our next target at 67.00, noting that the EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 64.90 and 64.00 levels.

 

The expected trading range for today is between 64.00 support and 67.00 resistance.

 

The expected trend for today: Bullish

Gold price retests – Analysis - 22-04-2019

Economies.com
2019-04-22 04:03AM UTC

Gold price shows positive trades now to retest the previously broken neckline of the triple top pattern that appears on the chart, which forms key resistance at 1282.00, and as we mentioned in our recent reports, the price needs to settle below this level to keep the bearish trend scenario active for the upcoming period, as breaching it will push the price to visit 1302.60 level as a first positive target.

 

Stochastic enters the overbought areas now, while the EMA50 forms continuous negative pressure against the price, therefore, we believe that the chances are valid to resume the negative trades in the upcoming sessions, which target 1253.20 level as a next correctional station.

 

The expected trading range for today is between 1260.00 support and 1290.00 resistance.

 

The expected trend for today: Bearish

Calm trades affected by the markets’ holidays

Economies.com
2019-04-22 03:53AM UTC

The major currencies’ pairs more within tight tracks, affected by the markets’ holidays, which makes us keep our suggested scenarios in our recent reports – issued on last Friday – valid without any change, and we recommend referring to these reports to review the expected trend and suggested targets.

DashCoin price around the moving average – Analysis - 19-04-2019

Economies.com
2019-04-19 04:02AM UTC

DashCoin price fluctuates around the EMA50, noticing that stochastic shows negative signals now, waiting to motivate the price to resume the expected bearish trend on the intraday and short term basis, which its targets begin by breaking 115.60 to confirm extending the bearish wave towards 103.25 followed by 101.60 levels.

 

On the other hand, we should note that breaching 129.60 will push the price to achieve additional gains that reach 146.95 on the near term basis.

 

The expected trading range for today is between 110.00 support and 129.00 resistance

The expected trend for today: Bearish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.680 (2025-07-15 19:05PM UTC)