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End of day analysis for Crude oil 17-06-2021

Economies.com
2021-06-17 17:14PM UTC

Crude oil price declined strongly to break 71.25 level and opens the way to start correctional bearish wave in the upcoming sessions, noting that closing the daily candlestick below the mentioned level will push the price to 68.50 as a next correctional station, while breaching 71.50 will lead the price to attempt to regain the main bullish trend again.

End of day analysis for Gold 17-06-2021

Economies.com
2021-06-17 17:14PM UTC

Gold price succeeded to achieve our extended target at 1770.00 and finds solid support there, and we need to monitor the price behavior according to this level, as breaking it will press on the price to suffer more losses that reach 1734.00, while breaching 1800.00 represents positive factor that will lead the price to recover on the intraday basis.

End of day analysis for the EURUSD 17-06-2021

Economies.com
2021-06-17 17:14PM UTC

The EURUSD pair reached few pips away from our extended target at 1.1888, showing bullish bias that hints a potential bullish rebound, and it might head to test 1.1976 initially, which urges caution from the upcoming trading, and we need to monitor the price according to the mentioned levels to confirm the next destination clearly.

Update: Gold price surpasses the target

Economies.com
2021-06-17 13:07PM UTC

Gold price broke 1800.00 level strongly and rallied bearishly to approach our next negative target at 1770.00, and it is important to monitor the upcoming trading, as breaking the last level will extend gold price losses to reach 1734.00 as a next station, while consolidating against the current negative pressure will lead the price to start recovery attempts that target testing 1800.00 followed by 1825.15 areas initially.

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 23:05PM UTC)