Midday update for Crude oil 27-02-2020

2020-02-27 10:47:57 GMT (Economies.com)
 

Crude oil price settles below 48.00$ barrier, to keep the negative pressure valid for today, waiting to head towards 45.55 that represents our next main target, noting that the EMA50 supports the suggested bearish wave, which its continuation requires holding below 49.40.

 

The expected trading range for today is between 46.00 support and 49.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0809
-0.0326
2.9264%
1.2267
-0.0188
1.5090%
Tadawul
6752.19
2.50
0.04%
14.417
-0.029
0.201%
28.815
6.987
32.012%
34.94
5.00
16.70%
1620.000
-0.150
0.009%
 
 
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