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Midday update for Crude oil 02-08-2022

2022-08-02 08:59:38 GMT (Economies.com)
Midday update for Crude oil 02-08-2022
 

Crude oil price tests the bearish channel’s resistance and keeps its stability below it, to start declining now and attempts to move away from this resistance, to keep the bearish trend scenario active for today, which its next target located at 89.60, while holding below 93.50 represents key condition to achieve it.

 

The expected trading range for today is between 89.60 support and 94.50 resistance.

The expected trend for today: Bearish

 
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  Symbol Last Change Chg.%
EUR/USD
1.0265
0.0067
0.6597%
Midday update for the EURUSD 12-08-2022
GBP/USD
1.2139
0.0022
0.1816%
Silver
20.583
0.219
1.075%
Oil
92.262
3.784
4.277%
Midday update for Crude oil 12-08-2022
Brent Oil
97.88
-1.74
1.75%
Gold
1796.970
15.295
0.859%
Midday update for Gold 12-08-2022
 
 
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