Midday update for Crude oil 08-10-2021

2021-10-08 10:07:48 GMT (Economies.com)
 

Crude oil price shows sideways trades around 79.50, affected by stochastic negativity that stops the bullish rally, waiting to get positive momentum to assist to push the price to resume the main bullish trend.

 

In general, we will continue to suggest the bullish trend for today as long as 78.35 level remains intact, reminding you that our next main target is located at 80.35.

 

The expected trading range for today is between 78.00 support and 81.00 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9797
0.0142
1.4722%
1.1075
0.0255
2.3525%
18.831
-0.027
0.143%
81.516
2.222
2.802%
88.67
-0.65
0.73%
1660.755
15.395
0.936%
 
 
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