Oil

[pmln]

Japan will announce the preliminary reading of economic growth in the second quarter of 2019 on August 8. Market participants expect the Japanese economy to slow down quite badly. Market consensus gathered by Reuters estimates that the quarterly annualized economy of the Rising Sun Country is 0.4%.

Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.

[Zanu25]

Crude Oil
61.745+0.1450(+0.2400%)
10:37:33(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
61.370 - 61.760
Class
Commodities
Bid/Ask
61.730/61.760
Symbol
CL
Subclass / Sector
Energy

[Imo]

Oil Trend is buy


1 Resistance :64.41
2 Resistance :58.99
3 Resistance :55.97


1 Supporting :53.43
2 Supporting :50.47
3 Supporting :49.31

[Sarfrazsagar]

Oil
Trend is sell

Resistance levels
1 Resistance :64.48
2 Resistance :58.94
3 Resistance :55.97

Supporting levels
1 Supporting :53.42
2 Supporting :50.43
3 Supporting :49.35

[zahraali989]

Oil Trend is buy


1 Resistance level:64.42
2 Resistance level:58.96
3 Resistance level:55.94


1 Supporting level:50.43
2 Supporting level:46.25
3 Supporting level:43.69

[Awais55]

61.44
usd
−0.19 (−0.31%)
market open (dec 31 03:47 utc-5)
61.63
prev
61.63
open
28.975k
volume
61.36 — 61.66
day's range

[Zain25]

Usoil
cfds on crude oil (wti)
61.44
usd
−0.19 (−0.31%)
market open (dec 31 03:44 utc-5)
61.63
prev
61.63
open
28.88k
volume
61.36 — 61.66
day's range

[Zaib55]

10-Dec-2019 · EIA forecasts Brent spot prices will average $61/b in 2020, down from a 2019 average of $64/b. ... EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.

[Asadjaved]

Oil

Today Market Trend Is Bearish

Pivot Point 61.69

Supporting 61.23
Supporting 60.95
Supporting 60.47

Resistance 62.19
Resistance 62.47
Resistance 62.95

[NaQvI2019]

Oil trends to bearish

1 Resistance :64.41
2 Resistance :58.91
3 Resistance :55.91

1 Supporting :53.47
2 Supporting :50.43
3 Supporting :49.33