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 show moderate growth on the correction and weakness of the US dollar.
Brent brand chart (current price: $ 60.00)
Brent trades with a strengthening at the start of the week for correction after Friday’s decline.