Crude Oil remains hesitant 22/11/2012

Economies.com
2012-11-22 06:09AM UTC

Crude oil still stuck within the same trading levels since yesterday, to keep the next intraday and short term basis trend not clear, that makes us continue in our neutrality until getting clearer signals for the trend.

 

On the medium and long term basis, you can study these technical factors that dominate the price moves by checking this link:

 

Deeper technical look at the Crude Oil price

 

Expected trading range for today is between: 84.00 support and 90.00 resistance.

 

Expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold declines to two-week lows
2024-04-23 20:50PM UTC
Gold prices fell on Tuesday even as the dollar fell against most major rivals ahead of important ...
Oil News

Commodities

Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...
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 ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 23-04-2024
2024-04-23 18:24PM UTC
Crude oil price rallies upwards to reach our waited target at 83.90$, and the way seems open to ...
Brent oil Analysis

Commodities

Brent oil price forecast update 23-04-2024
2024-04-23 11:07AM UTC
Brent oil price attempted to breach 87.67$ level but it returns to hold below it, to keep the ...
Oil Analysis

Commodities

Crude oil price forecast update 23-04-2024
2024-04-23 11:07AM UTC
Crude oil price provided new positive trades to reach 83.40$ areas, and bounced bearishly to ...