financetom
Technology
financetom
/
Technology
/
Brent crude oil price reaches our target- Analysis- 13-03-2026
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brent crude oil price reaches our target- Analysis- 13-03-2026
Mar 12, 2026 10:38 PM

Brent crude oil declined during its recent intraday trading, due to the stability of the main resistance at $100.00, this resistance represents an expected target in our previous analysis, which makes the price gather the gains of its previous rises, to attempt to gain bullish momentum to help it breach this resistance, and attempts to offload some of the clear overbought conditions on the relative strength indicators, amid the dominance of the short-term main bullish trend, with its moves alongside trend line that reinforces this path.

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 >
Gold price forecast update 30-05-2024
Gold price forecast update 30-05-2024
May 30, 2024
Gold Price Analysis Expected Scenario Gold price shows some bullish bias to test the first key resistance 2340.10$, waiting to resume the negative trades to break 2319.80$ and activate the head and shoulders pattern followed by rallying towards our negative targets that start at 2272.06$ and extend to 2217.10$. We remind you that breaching 2340.10$ followed by 2360.00$ levels will...
Crude oil price forecast update 30-05-2024
Crude oil price forecast update 30-05-2024
May 30, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price fluctuates around 79.60$ level and still below it until now, to keep the bearish trend scenario valid for today, and the price needs to break 79.00$ to confirm rallying towards 77.64$ as a next main target. On the other hand, we should note that confirming breaching 79.60$ will push the price...
Brent oil price forecast update 30-05-2024
Brent oil price forecast update 30-05-2024
May 30, 2024
Brent Oil Price Analysis Expected Scenario Brent oil price fluctuates within sideways track since morning, and the price needs to surpass the EMA50 to confirm the continuation of the expected bearish bias for today, which its targets begin 82.45$ and extend to 80.08$ after breaking the previous level. Stochastic current positivity might cause more sideways fluctuation, reminding you that the...
Silver price forecast update 30-05-2024
Silver price forecast update 30-05-2024
May 30, 2024
Silver Price Analysis Expected Scenario Silver price provides positive trades now after approaching 31.00$ this morning, and as long as the price is below 31.85$, the correctional bearish trend scenario will remain active for today, which its targets begin by breaking 31.00$ to confirm heading towards 30.06$, taking into consideration that the continuation of the rise and breaching 31.85$ will...
Copyright 2023-2026 - www.financetom.com All Rights Reserved