financetom
Technology
financetom
/
Technology
/
Brent oil price forecast update 20-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brent oil price forecast update 20-06-2024
Jun 20, 2024 4:07 AM

Brent Oil Price Analysis Expected Scenario Brent oil price settles above 84.77$ level, and begins to provide slight positive trades, as stochastic approaches to overlap positively, to support the chances of continuing the bullish bias in the upcoming sessions, paving the way to head towards our positive targets that start at 85.80$ followed by 87.67$. Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 84.77$. Expected Trading Range Between 84.00$ support and 87.00$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Unveiling 4 Analyst Insights On Advanced Energy Indus
Unveiling 4 Analyst Insights On Advanced Energy Indus
Nov 3, 2024
Advanced Energy Indus has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1...
Locked In Overheated Battle With Its Clone At Home, Luckin Eyes Expansion In U.S.
Locked In Overheated Battle With Its Clone At Home, Luckin Eyes Expansion In U.S.
Nov 4, 2024
Going out was and remains a mantra for Chinese businesses in search of new growth opportunities and relief from fierce competition at home. But the latter part of that equation, going out to escape competition, is quickly becoming yesterday's story as Chinese companies increasingly encounter their domestic rivals in overseas markets as well. First it was smartphone makers, then bubble...
OpenAI adds new search function to ChatGPT
OpenAI adds new search function to ChatGPT
Nov 3, 2024
(Reuters) - OpenAI on Thursday added a set of new search functions to its popular large language model ChatGPT, opting to integrate the feature into the chatbot instead of launching a separate product. The AI giant is venturing into a territory long dominated by Alphabet's Google, also placing it in competition with OpenAI-backer Microsoft's ( MSFT ) Bing and emerging...
Understanding Adobe's Position In Software Industry Compared To Competitors
Understanding Adobe's Position In Software Industry Compared To Competitors
Nov 4, 2024
In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Adobe alongside its primary competitors in the Software industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we aim to offer valuable insights...
Copyright 2023-2025 - www.financetom.com All Rights Reserved