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End of day analysis for Crude oil 10-06-2021

Economies.com
2021-06-10 17:39PM UTC

Crude oil price attempted to break the bullish channel’s support line but it bounced bullishly to keep its stability above it, to keep the bullish trend active on the intraday and short term basis, reminding you that our next target is located at 72.20, while achieving it requires holding above 69.25.

End of day analysis for Gold 10-06-2021

Economies.com
2021-06-10 17:38PM UTC

Gold price bounced upwards strongly after leaning on the bullish channel’s support line, to keep the bullish trend scenario valid and active for the upcoming period, which depends on the price stability above 1872.50, while our next target is located at 1928.60.

Intel stays flat - Analysis - 10-06-2021

Economies.com
2021-06-10 10:29AM UTC

Intel's stock (INTC) closed flat in the intraday levels while steadying below the resistance of 58.95, representing the ratio 38.2% of Fibonacci retracement levels fore an ascending wave in the short term (from 43.59 to 68.37), with negative pressure from the 50-day SMA, countered with positive signals from the RSI.

 

Therefore we expect the stock to decline and potentially pierce the support of 56.00, targeting the next support at 53.11, representing  the ratio 61.8% of the same retracement levels. 

 

Expected trend for today: Bearish 

Microsoft returns higher - Analysis - 10-06-2021

Economies.com
2021-06-10 10:29AM UTC

Microsoft's stock (MSFT) returned higher with a 0.40% profit amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 263.00, provided the support of 246.32 holds on.

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 21:55PM UTC)