Midday update for Crude oil 09-01-2019

2019-01-09 10:49:18 GMT (Economies.com)
Midday update for Crude oil 09-01-2019
 

Crude oil price shows more rise to reach the the thresholds of 51.00 barrier now, which supports the expectations of continuing the bullish trend in the upcoming sessions, reminding you that it is important to monitor the price behavior when reaching the waited target at 51.46, due to its importance to detect the next targets on the short term basis.

 

Note that breaching the targeted level will extend the bullish wave to reach 53.25 as a next station, while holding above 49.40 represents key condition to continue the suggested rise.

 

Expected trading range for today is between 49.40 support and 52.00 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1358
-0.0013
0.1134%
1.2689
-0.0051
0.3999%
15.303
-0.038
0.250%
58.867
1.265
2.196%
65.05
0.19
0.29%
1412.110
13.100
0.936%
 
 
Live Forex Updates