Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Update: Crude oil price achieves good gains

Economies.com
2021-06-11 16:22PM UTC

Crude oil price shows more rise to start testing 71.00 barrier, reinforcing the expectations of continuing the bullish trend, which its next target located at 72.20, while achieving it required holding above 69.90.

Update: Gold price tests the support

Economies.com
2021-06-11 16:22PM UTC

Gold price faced clear negative pressure to test the bullish channel’s support line, which urges caution from the upcoming trading, as breaking this support will force the price to start correctional wave before turning back to rise again, while the price needs to consolidate above 1876.00 to continue the main bullish trend that its next target located at 1928.60.

Update: The EURUSD breaks the support

Economies.com
2021-06-11 16:21PM UTC

The EURUSD pair declined sharply after breaking 1.2175 level, to open the way to head towards 1.2064 as a next main target, making the bearish bias expected in the upcoming sessions, noting that breaking the targeted level will extend the bearish wave to reach 1.1960 direct, while the expected decline will remain valid unless breaching 1.2175 and holding above it.

American International Group tries to gather momentum - Analysis - 11-06-2021

Economies.com
2021-06-11 10:45AM UTC

American International Group's stock fell in the intraday levels after the resistance of 52.68 held on, while trying to gather momentum to help it rise anew, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, as the RSI reached oversold levels. 

 

Therefore we expect the stock to return higher, targeting the resistance of 55.80, provided the resistance of 52.68 was breached. 

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.485 (2025-07-04 23:55PM UTC)