Menu

Search

  |   Insights & Views

Menu

  |   Insights & Views

Search

A glimpse on Brent crude futures

Well..! The futures market for Brent has plotted a sluggish theme in the last couple of days and posted a candlestick with a bearish real body with shorten upper shadow yesterday, then broke a short-term downtrend line.

Now we have a puzzle to resolve, "Does it hold 65.00 levels?" If those who think no then we get a shorting signal heading towards a target of 63.13.

However if we hold above 65.00 I think we'll head higher once more. So that's a key level.

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.