Midday update for Crude oil 21-01-2022

2022-01-21 10:55:36 GMT (Economies.com)
 

Crude oil price finds solid support formed by the EMA50, waiting to resume the negative trades to test the first correctional level at 81.25, to continue suggesting the bearish trend as long as the price it below 85.15, as breaching this level will stop the suggested correctional scenario and lead the price to regain the main bullish trend again.

 

The expected trading range for today is between 82.00 support and 85.00 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0747
0.0094
0.8838%
1.2627
0.0065
0.5162%
22.118
0.206
0.942%
113.905
3.766
3.419%
117.00
-0.29
0.25%
1853.705
-2.730
0.147%
 
 
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