End of day analysis for Crude oil 19-11-2019

2019-11-19 18:05:25 GMT (Economies.com)
 

Crude oil price shows additional negative trading to break the bullish channel’s support line and attempts to hold below it, which hints the price head to achieve more decline in the upcoming sessions, paving the way to visit 54.60 level as a next negative target, noting that trading above 55.90 will lead the price to test the key resistance 57.40 again before determining the next destination clearly.

 
 
 
  Symbol Last Change Chg.%
1.1136
0.0074
0.6649%
1.3172
0.0035
0.2664%
Tadawul
8005.77
-127.95
1.57%
16.909
0.337
2.030%
58.995
-0.115
0.195%
64.15
0.43
0.67%
1477.450
17.605
1.206%
 
 
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