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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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0511	-0.0079	0.7414%
The EURUSD attempts to breach – Analysis - 08-12-2022
	GBP/USD	1.2201	-0.0104	0.8474%

	Silver	22.733	-0.423	1.829%

	Oil	73.066	-8.409	10.321%
Crude oil price suffers more losses – Analysis - 08-12-2022
	Brent Oil	78.32	1.09	1.41%

	Gold	1785.750	-9.810	0.546%
Gold price resumes the bullish bias – Analysis - 08-12-2022

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