End of day analysis for Crude oil 08-11-2019

2019-11-08 19:06:52 GMT (Economies.com)
 

Crude oil price returns to rise strongly to test 57.40 again, which urges caution from the upcoming trading, as the continuation of the bullish bias and breaching this level will stop the recently suggested negative scenario and push the price to achieve more gains on the short term basis, while holding below 57.40 will press on the price to head towards 54.60 on the near term basis.

 
 
 
  Symbol Last Change Chg.%
1.1053
0.0028
0.2585%
1.2901
0.0100
0.7851%
Tadawul
7924.19
-8.33
0.10%
16.954
0.151
0.902%
57.850
0.491
0.857%
63.36
1.07
1.72%
1466.955
8.675
0.595%
 
 
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