Midday update for Crude oil 08-06-2023
Economies.com
3 months ago
Crude oil price shows negative trades to head towards testing potential test to the key support 71.55, and the price still confined between the trend keys represented by the mentioned support and 73.00 resistance, to continue with our neutrality until we get clearer signal for the next trend through surpassing one of these levels.
To review the expected targets after the breach, please check our morning report.
The expected trading range for today is between 70.50 support and 74.00 resistance.
The expected trend for today: Neutral
Commodities News
Commodities
Is that the real reason behind Saudi Arabia's crude production cuts?
9 hours ago
Saudi energy minister Abdulaziz bin Salman Al Saud said this week about the recent Saudi and ...
Commodities
Palladium declines as dollar muscles up amid global inflation concerns
11 hours ago
Palladium prices fell on Friday as the dollar gained ground against most major rivals and amid ...
Commodities
Oil prices climb for second straight day
14 hours ago
Oil prices rose in European trade on Friday for the second session on track for ten-month highs ...
Commodities Technical Analysis
Commodities
Midday update for Brent oil 22-09-2023
17 hours ago
Brent oil price resumes its positive trading to approach our first waited target at 94.80, waiting ...
Commodities
Midday update for Crude oil 22-09-2023
17 hours ago
Crude oil price shows new positive trades to move above 91.00 barrier now, reinforcing the ...
Commodities
Midday update for Silver 22-09-2023
17 hours ago
Silver price managed to achieve our waited target at 23.70 and attempts to breach it, to support ...