Midday update for Crude oil 18-09-2018
Economies.com
2018-09-18 09:59AM UTC
Crude oil price rallied upwards strongly to breach 68.73 level followed by 69.74 direct and attempts to settle above the last level, which stops this morning suggested negative scenario and opens the way to achieve more gains in the upcoming period, targeting 71.38 level as a next main station, noting that the continuation of the expected rise depends on holding above 68.73 level.
Expected trading range for today is between 67.00 support and 70.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities
Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
Commodities Technical Analysis
Commodities
End of day gold price forecast update - 02-05-2024
2024-05-02 16:17PM UTC
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the ...
Commodities
End of day gold price forecast update - 02-05-2024
2024-05-02 16:16PM UTC
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main ...
Commodities
Brent oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Brent Oil Trading Report Brent oil price is testing 84.77$ level and attempts to consolidate ...