Technical analysis of oil (Dani Leviant) - Ester Holdings

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 at the opening of the week are traded with a moderate strengthening on maintaining optimism around the termination of trade opposition.

Brent brand chart (current price: $ 67.30)


Brent brand is trading with a strengthening on the growth of optimism, updating at low on the growth of supply.

  • Resistance 1: From $ 68.00 (psychological level)
  • Resistance 2: From $ 69.00 (psychological level)
  • Support 1: From $ 67.00 (psychological level)
  • Support 2: From $ 66.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.

WTI brand chart (current price: $ 57.40)


The WTI brand also trades at the opening of the day level, maintaining an upward trend.

  • Resistance 1: From $ 58.00 (psychological level)
  • Resistance 2: From $ 59.00 (psychological level)
  • Support 1: From $ 56.00 (psychological level)
  • Support 2: From $ 55.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.

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