Midday update for Crude oil 11-06-2021

Economies.com
1 year ago

Crude oil price trades positively and attempts to move away from the bullish channel’s support line, to support the expectations of continuing the main bullish trend, which targets 72.20 as a next main station, reminding you that the continuation of the bullish wave requires holding above 69.90.

 

The expected trading range for today is between 68.70 support and 71.50 resistance.

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold declines under pressure from the dollar
1 hour ago
Gold prices declined in European trade for the first session in three under pressure from the ...
Gold News

Commodities

Gold extends gains but still trades below $2,000
15 hours ago
Gold prices rose on Tuesday even as the dollar muscled up against major rivals, but the precious ...
Copper News

Commodities

Copper loses momentum amid economic concerns and technical signals
18 hours ago
Copper prices stalled on Tuesday on continuous concerns about economic growth following weak US and ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Midday update for Brent oil 07-06-2023
33 minutes ago
Brent oil price trades positively to approach the key resistance 76.80, and as long as the price is ...
Oil Analysis

Commodities

Midday update for Crude oil 07-06-2023
33 minutes ago
Crude oil price shows bullish bias to attempt to breach 71.55 level, which urges caution from the ...
Silver Analysis

Commodities

Midday update for Silver 07-06-2023
33 minutes ago
Silver price settles below the intraday bullish channel’s support line, reinforcing the ...