Midday update for Crude oil 13-01-2021

2021-01-13 10:08:22 GMT (Economies.com)
 

Crude oil price tests the intraday bullish channel’s support line and still above it, to keep the bullish trend scenario valid and active for the upcoming period, which depends on the price stability above 53.00, noting that our waited targets begin at 54.62 and extend to 56.00.

 

The expected trading range for today is between 52.50 support and 55.60 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2126
0.0061
0.5052%
1.3675
0.0126
0.9311%
Tadawul
8878.30
-29.61
0.33%
25.732
0.826
3.317%
53.107
0.807
1.543%
56.08
-0.23
0.41%
1868.360
32.245
1.756%
 
 
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