Crude oil price rallied upwards strongly to breach 57.40 and settles above it now, which urges caution form the upcoming trading, as closing the daily candlestick above this level will stop the morning suggested negative scenario and push the price to achieve new gains that begin at 58.90 and extend to 60.90.

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1061	-0.0001	0.0059%
End of day analysis for the EURUSD 09-12-2019
	GBP/USD	1.3145	0.0008	0.0609%

	Tadawul	8120.01	21.27	0.26%

	Silver	16.591	0.019	0.117%

	Oil	58.985	-0.125	0.211%
End of day analysis for Crude oil 09-12-2019
	Brent Oil	64.43	0.04	0.06%

	Gold	1460.005	0.160	0.011%
End of day analysis for Gold 09-12-2019

Live Forex Updates

Dollar retreats amid risk-off move

2019-12-09 13:24:32 GMT

Dollar jumps on upbeat US jobs data

2019-12-06 18:50:04 GMT

US oil drilling rigs count falls this week

2019-12-06 18:13:27 GMT

US consumer confidence improves in December

2019-12-06 16:11:39 GMT

Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.