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Evening update for Crude oil 07-01-2022

Economies.com
2022-01-07 17:12PM UTC

Crude oil price faces negative pressure to break 79.40 level and heads towards testing the bullish channel’s support line around 77.95, which urges caution from the upcoming trading, as continuing the bearish bias will press on the price to suffer additional losses that reach 76.40, while breaching 79.80 will lead the price to resume the main bullish trend that its next target located at 81.75.

Evening update for the EURUSD 07-01-2022

Economies.com
2022-01-07 17:11PM UTC

The EURUSD pair resumes its positive trading to approach the key resistance 1.1375, and as long as the price is below this level, our bearish overview will remain valid and active for the upcoming period, noting that the first negative target is represented by testing 1.1285.

Intel carries on tentative climb - Analysis - 07-01-2021

Economies.com
2022-01-07 11:42AM UTC

Intel's stock (INTC) advanced 0.26% in the last session amid negative signals from the RSI after reaching overbought levels, settling at 54.01, while buoyed by piercing the main downward trend line recently, while also buoyed by trading above the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the important resistance of 58.40, provided the support of 51.95 holds on.

 

Expected trend for today: Bullish

Microsoft exhausts positive chances - Analysis - 07-01-2021

Economies.com
2022-01-07 11:41AM UTC

Microsoft's stock (MSFT) tumbled 0.79% in the last session amid negative pressure from the 50-day SMA, with negative signals from the RSI, settling at 313.88, parking at the support of the upward short-term trend line.

 

Therefore we expect the stock to return higher, targeting the resistance of 329.90, provided the pivotal support of 306.00 holds on.

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.824 (2025-07-14 21:24PM UTC)