Midday update for Crude oil 11-05-2021

2021-05-11 10:19:03 GMT (Economies.com)
 

Crude oil price returns to test 64.35 level and still above it until now, and the EMA50 continues to support the price from below, to keep our bullish overview that depends on the price stability above the mentioned support and above 63.35, reminding you that our next main target reaches 67.95.

 

The expected trading range for today is between 64.00 support and 66.60 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1931
0.0029
0.2420%
1.3917
0.0023
0.1659%
Tadawul
10919.68
6.62
0.06%
25.945
-0.044
0.169%
73.499
1.673
2.329%
75.56
0.32
0.43%
1774.965
-3.425
0.193%
 
 
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