Midday update for Crude oil 05-06-2020

2020-06-05 10:34:46 GMT (Economies.com)
 

Crude oil price provides more positive trades to surpass 38.00$ barrier, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and we believe that the way is open to head towards our next target at 41.04, while holding above 36.10 represents key condition to continue the suggested positive scenario.

 

The expected trading range for today is between 36.10 support and 39.50 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0026
0.2281%
1.2634
0.0127
1.0178%
Tadawul
7416.67
22.41
0.30%
18.695
0.348
1.897%
40.155
-0.080
0.199%
43.03
0.67
1.58%
1799.215
13.230
0.741%
 
 
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