Forex
End of day analysis for Crude oil 16-05-2019
2019-05-16 17:30:48 GMT
(Economies.com)
Crude oil price achieved initial breach to 62.70 resistance lien and attempts to hold above it, to hind the price head to achieve more gains in the upcoming period and regaining the main bullish trend, but we need to get a daily close above the mentioned level to confirm the continuation of the bullish bias on the intraday and short term basis followed by heading towards 65.00 followed by 66.60 levels as next main stations.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1075
|
0.0177
|
1.6219%
|
|
|
|
|
1.2320
|
0.0134
|
1.0955%
|
|
|
|
Tadawul
|
7050.66
|
0.49
|
0.01%
|
|
|
|
|
17.401
|
0.289
|
1.689%
|
|
|
|
|
33.695
|
0.265
|
0.793%
|
|
|
|
|
35.29
|
0.55
|
1.58%
|
|
|
|
|
1719.805
|
-8.055
|
0.466%
|
|
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