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Brent oil price forecast update 12-04-2024
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Brent oil price forecast update 12-04-2024
Apr 12, 2024 6:02 AM

Brent Oil Price Analysis Expected Scenario Brent oil price trades with clear positivity now to reach the thresholds of the first waited target at 91.30$, noting that we expect the continuation of the bullish trend domination to achieve gains that reach 93.70$, supported by the EMA50, reminding you that the continuation of the bullish wave depends on the price stability above 89.75$. Expected Trading Range Between 89.30$ support and 92.40$ resistance.

Trend Forecast: Bullish

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