End of day analysis for Crude oil 06-02-2019

2019-02-06 19:18:23 GMT (Economies.com)
End of day analysis for Crude oil 06-02-2019
 

Crude oil price shows recovery attempts to approach the key resistance 54.40, and as we mentioned today, holding below this level will keep the bearish trend scenario active for the upcoming period, depending on the completion of the rising wedge pattern that has targets that begin at 51.46, to continue suggesting the bearish trend unless the price confirms breaching 54.40 level.

 
 
 
  Symbol Last Change Chg.%
1.1244
-0.0066
0.5809%
1.3001
-0.0079
0.6047%
15.005
0.020
0.134%
64.010
0.218
0.343%
71.97
0.35
0.49%
1275.700
-15.150
1.174%
 
 
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