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Update: Crude oil price declines again

Economies.com
2021-04-06 16:45PM UTC

Crude oil price bounced downwards clearly after testing the most important resistance at 60.65, to settle below 59.85 again, which keeps the bearish trend scenario valid and active for the upcoming period, which depends on the price stability below the mentioned resistance, reminding you that our waited targets begin at 57.25 followed by 54.85.

Update: Gold price rises calmly

Economies.com
2021-04-06 16:45PM UTC

Gold price resumes its positive trades to crawl gradually towards our waited target at 1765.00, waiting for more rise supported by the EMA50, reminding you that it is important to hold above 1765.00 to continue the suggested rise.

Update: The EURUSD continues to rise

Economies.com
2021-04-06 16:45PM UTC

The EURUSD pair shows new positive trades to approach our waited target at 1.1885, and we need to monitor the price when reaching this level, as breaching it will extend the bullish wave to target 1.1975 as a next station, while holding against the current rise represents negative factor that will press on the price to rebound bearishly and head towards 1.1780 initially.

Google rallies - Analysis - 06-04-2021

Economies.com
2021-04-06 12:08PM UTC

Google's stock (GOOG) rallied 4.11% in the last session, piercing the important resistance of 2,135, with positive support from the 50-day SMA, amid the dominance of the main upward trend in the medium term, while the RSI reached overbought levels, curbing future gains. 

 

Therefore we expect more gains for the stock, targeting the first resistance at 2,300, provided it steadies above 2,135. 

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.665 (2025-07-15 19:35PM UTC)