Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
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Oil quotes are traded at the beginning of the week rather restrained against the background of risks voiced at the G20 summit regarding geopolitical risks.
Brent brand chart (current price: $ 73.20)
Brand Brent is trading in a lateral trend of the end of last week, thereby correcting after a decline earlier.