Midday update for Crude oil 03-06-2020

2020-06-03 09:25:46 GMT (Economies.com)
 

Crude oil price shows some slight bearish bias now after testing 38.00$ barrier this morning, waiting to get positive motive that assists to push the price to resume the main bullish trend, organized inside the bullish channel that appears on the chart, as the main expected targets located at 41.04 followed by 43.050, while achieving them requires holding above 36.10 and the most important above 35.25.

 

The expected trading range for today is between 36.10 support and 40.00 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1302
-0.0029
0.2537%
1.2628
0.0121
0.9687%
Tadawul
7416.67
22.41
0.30%
18.664
0.318
1.731%
40.010
-0.225
0.559%
42.91
0.56
1.32%
1794.715
8.730
0.489%
 
 
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