Midday update for Brent oil 20-09-2018
Economies.com
2018-09-20 09:50AM UTC
Brent oil price shows tight trades since morning, settling above 79.00 level, getting continuous positive support by the EMA50, to keep the bullish trend active for today, noting that stochastic negativity interprets the reasons of the current tight fluctuation, waiting to breach 80.48 level to confirm extending the bullish wave towards 82.90, reminding you that holding above 77.90 is important to achieve the suggested targets.
Expected trading range for today is between 78.00 support and 81.50 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Commodities
Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Commodities
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price keeps its stability above ...
Commodities
Crude oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades positively to approach ...
Commodities
Silver price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Silver Price Analysis Expected Scenario Silver price shows positive trades to hint the ...