Midday update for Crude oil 06-12-2018

2018-12-06 10:40:01 GMT (Economies.com)
Midday update for Crude oil 06-12-2018
 

Crude oil price trades with strong negativity since morning to attack 51.46 level and moves below it now, which supports the continuation of our bearish overview efficiently for the rest of the day, waiting for more decline that targets 49.10 level as a next station, reminding you that it is important to hold below 54.40 to achieve the suggested targets.

 

Expected trading range for today is between 50.00 support and 53.50 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1301
-0.0096
0.8406%
1.2573
-0.0130
1.0253%
14.620
-0.001
0.003%
51.143
-1.102
2.109%
60.16
-1.26
2.05%
1239.940
-8.100
0.649%
 
 
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