Midday update for Crude oil 25-10-2021

2021-10-25 09:50:29 GMT (Economies.com)
 

Crude oil price continues to fluctuate near the key resistance 84.85, and as we mentioned this morning, the price needs to breach this level to confirm rallying towards more gains on the short term and medium term basis, as our next targets are located at 85.85 followed by 87.35, noting that it is important to hold above 83.90 to achieve these targets.

 

The expected trading range for today is between 83.50 support and 86.20 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1313
0.0042
0.3767%
1.3313
0.0003
0.0259%
Tadawul
10810.60
-60.02
0.55%
22.849
-0.196
0.851%
68.323
-4.078
5.633%
72.57
-0.87
1.18%
1794.470
9.380
0.525%
 
 
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