Midday update for Crude oil 05-11-2018
Economies.com
2018-11-05 10:49AM UTC
Crude oil price shows some slight bullish bias to test 63.00 barrier, affected by stochastic positivity, and the price still within the bearish channel that carries the price from 76.88 areas, to continue suggesting the bearish trend that its next main target located at 62.00, while its continuation conditions holding below 64.43.
Expected trading range for today is between 61.05 support and 64.00 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Gold declines to two-week lows
2024-04-23 20:50PM UTC
Gold prices fell on Tuesday even as the dollar fell against most major rivals ahead of important ...
Commodities
Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities Technical Analysis
Commodities
Natural gas price confirms the positivity – Forecast today – 24-4-2024
2024-04-24 05:43AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price provided new positive ...
Commodities
Platinum price suffers additional losses – Forecast today – 24-4-2024
2024-04-24 05:34AM UTC
Suggested Scenarios and Trading Range Analysis Scenario: Potential Reversal to Bullish ...
Commodities
Copper price provides mixed trades – Forecast today – 24-4-2024
2024-04-24 05:33AM UTC
Suggested Scenarios and Trading Range Analysis Scenario 1: Continuation of Bearish ...