Register
 | 
Contact Us
Forex
Commodities
Stocks
Markets
Indices
Latest News
Rates
Analysis
Technical Analysis
Gold
Silver
Oil
News
Commodities
Gold Analysis
Platinum Analysis
Copper Analysis
Silver Analysis
Oil Analysis
Forex
EUR USD Analysis
BTC USD analysis
NZD USD Analysis
GBP USD Analysis
USD JPY Analysis
USD CAD Analysis
USD CHF Analysis
AUD USD Analysis
EUR JPY Analysis
GBP JPY Analysis

Midday update for Crude oil 04-08-2022

2022-08-04 13:03:54 GMT (Economies.com)
Midday update for Crude oil 04-08-2022
 

Crude oil price touched our waited target at 89.60 and presses negatively on it, to support the expectations of extending the bearish wave, supported by the negative pressure formed by the EMA50, reminding you that breaking this level will push the price to 87.40 as a next negative target, while the expected decline will remain valid unless the price rallied to breach 91.65 and hold above it.

 

The expected trading range for today is between 87.40 support and 92.00 resistance.

Open Live Trading Account

The expected trend for today: Bearish

 
Previous Analysis
Next Analysis
 
 
  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
 
 
Live Forex Updates
 
 
 
Forex
EUR USD Analysis
USD JPY Analysis
USD CHF Analysis
 
AUD USD Analysis
GBP USD Analysis
USD CAD Analysis
EUR JPY Analysis
Markets
Americas
Europe
Asia Pacific
Rates
Exchange Rate
Currency Converter
Indices Futures
Commodities
Oil
Gold
Silver
 
Gold Analysis
Silver Analysis
Oil Analysis
Stocks
Stocks News
Stocks Analysis
About Us
Privacy Policy
Terms and Conditions
All Rights Reserved for Economies 2022
Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.