Midday update for Crude oil 23-09-2022

2022-09-23 09:18:52 GMT (Economies.com)
 

Crude oil price succeeded to achieve our first negative target at 82.00 and surpassed it to confirm extending the bearish trend on the intraday and short term basis, and the way is open to head towards our next negative target at 80.00, to keep the negative scenario active for the rest of the day supported by the EMA50 unless the price rallied to breach 85.40 and hold above it.

 

The expected trading range for today is between 80.00 support and 83.00 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9646
-0.0331
3.3160%
1.0724
-0.0642
5.6476%
18.640
-0.619
3.214%
78.374
-4.116
4.990%
85.65
-0.56
0.65%
1639.455
-24.495
1.472%
 
 
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