End of day analysis for Crude oil 07-03-2019

Economies.com
2019-03-07 20:21PM UTC

Crude oil price keeps its stability above the bullish channel’s support line, and the EMA50 continues to provide the positive support to the price, to keep the bullish trend valid for the upcoming period, which conditions holding above 55.85, reminding you that our waited targets begin at 60.00 and extend to 64.90.

Commodities News

Oil News

Commodities

Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Oil News

Commodities

US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Oil News

Commodities

Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios Brent oil price trades with slight negativity to head towards ...
Oil Analysis

Commodities

Crude oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Crude oil price trades negatively now after facing solid resistance at 83.90$, to hint heading to ...
Silver Analysis

Commodities

Silver price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Silver price didn’t show any strong move since morning, to fluctuate around 27.20$ level, ...