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 were supported by data on the continued decline in oil production in OPEC.
Brent brand chart (current price: $ 61.60)
Brent trades slightly above the opening of the day, resuming upward dynamic.
- Resistance 1: From $ 62.00 (psychological level)
- Resistance 2: From $ 63.00 (psychological level)
- Support 1: From $ 60.00 (psychological level)
- Support 2: From $ 59.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the potential for growth.
WTI brand chart (current price: $ 52.50)
The WTI brand also demonstrates low-key reinforcement in the renewed optimism and uptrend.
- Resistance 1: From $ 53.00 (psychological level)
- Resistance 2: From $ 54.00 (psychological level)
- Support 1: From $ 51.00 (psychological level)
- Support 2: From $ 50.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the limitations of the decline.