Midday update for Crude oil 24-02-2021

2021-02-24 10:35:18 GMT (Economies.com)
 

Crude oil price trades with clear positivity to reach the key resistance 62.30, and as we mentioned this morning, breaching this level will ease the mission of continuing the main bullish trend, which its next target located at 65.60, which makes us keeps our positive overview conditioned by the price stability above 60.30, noting that stochastic and the EMA50 provide positive signals that support the suggested rise.

 

The expected trading range for today is between 60.00 support and 63.00 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2052
0.0026
0.2183%
1.3884
-0.0069
0.4913%
Tadawul
10127.90
18.31
0.18%
26.028
0.236
0.917%
61.770
-1.408
2.229%
65.77
0.37
0.57%
1782.380
10.930
0.617%
 
 
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