Midday update for Crude oil 25-11-2020

2020-11-25 11:53:49 GMT (Economies.com)
 

Crude oil price shows sideways trading since morning, settling around 45.40, waiting to resume the bullish trend organized inside the bullish channel that appears on the chart, reminding you that our next main target reaches 48.60, noting that the EMA50 supports the suggested bullish wave, which its continuation requires holding above 43.75.

 

The expected trading range for today is between 43.75 support and 47.00 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2125
0.0060
0.4940%
1.3672
0.0123
0.9045%
Tadawul
8878.30
-29.61
0.33%
25.725
0.820
3.290%
53.015
0.715
1.367%
56.08
-0.23
0.41%
1868.580
32.465
1.768%
 
 
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