Midday update for Crude oil 19-03-2018
Economies.com
2018-03-19 11:04AM UTC
Crude oil price shows sideways and tight trading since morning, settling around 62.00 level, and the price still confined between the sideways range lines mentioned in our morning report, represented by 60.14 support and 62.65 resistance, to continue suggesting the sideways trades until the price manages to surpass one of the mentioned levels to detect the next short term targets clearly.
To review the details of the expected targets after the breach, please check our morning report.
Expected trading range for today is between 60.14 support and 63.50 resistance.
Expected trend for today: Sideways
Commodities News
Commodities
Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Commodities
Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Commodities
Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Commodities
Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...