financetom
Technology
financetom
/
Technology
/
Crude oil price forecast update 02-05-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Crude oil price forecast update 02-05-2024
May 2, 2024 3:25 AM

Crude Oil Trading Report Crude oil price shows positive trades and attempts to breach 79.60$, which urges caution from the upcoming trading, as confirming breaching this level will stop the expected bearish wave for today and push the price to build bullish wave on the intraday basis, its targets begin by visiting 81.50$ areas.

Now, the price needs to trade below 79.60$ again to confirm resuming the correctional bearish wave that its next target located at 77.65$.

The expected trading range for today is between 77.80$ support and 81.00$ resistance

Trend forecast: Bearish

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 >
TSMC Q2 revenue jumps on AI boost, handily beats market forecasts
TSMC Q2 revenue jumps on AI boost, handily beats market forecasts
Jul 9, 2024
* TSMC Q2 revenue T$673.51 billion, beating market forecasts * AI boom fuels surge in demand for TSMC-made chips * TSMC's stock at historic high * TSMC reports Q2 earnings on July 18 (Adds details on outlook, stock price, paragraphs 9-14) By Ben Blanchard and Faith Hung TAIPEI, July 10 (Reuters) - TSMC, the world's largest contract chipmaker, reported strong...
Michael Saylor Made A Prediction About The iPad 12 Years Ago When Tablets Were In Their Infancy, Will His Similarly Bold Prophecy On Bitcoin Also Come True? (CORRECTED)
Michael Saylor Made A Prediction About The iPad 12 Years Ago When Tablets Were In Their Infancy, Will His Similarly Bold Prophecy On Bitcoin Also Come True? (CORRECTED)
Jul 10, 2024
Editor’s note: The story has been updated to correct a minor typo in the third paragraph. Michael Saylor is regarded as one of the most influential advocates of Bitcoin (CRYPTO: BTC), and his firm MicroStrategy Inc. ( MSTR ) has evangelized the digital asset with its continued purchases. The entrepreneur's ultra-bullish forecasts about the digital currency have been taken with...
Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
Jul 9, 2024
July 9 (Reuters) - Global shipments of personal computers rose by 3% in the second quarter, helped by demand for AI-capable devices, with Apple ( AAPL ) seeing the biggest growth among PC makers, preliminary data from research firm IDC showed on Tuesday. PC shipments reached 64.9 million units in the three months ended June, marking a second straight quarter...
Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
Jul 9, 2024
(Reuters) - Global shipments of personal computers rose by 3% in the second quarter, helped by demand for AI-capable devices, with Apple ( AAPL ) seeing the biggest growth among PC makers, preliminary data from research firm IDC showed on Tuesday. PC shipments reached 64.9 million units in the three months ended June, marking a second straight quarter of growth...
Copyright 2023-2026 - www.financetom.com All Rights Reserved