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 have been trading with a strengthening from the start of the day, receiving support from data on the reduction of the US oil inventories.
Brent brand chart (current price: $ 69.40)
Brent slowed its growth on maintaining the downward trend, limiting itself to 70.00 psychology.
- Resistance 1: From $ 70.00 (psychological level)
- Resistance 2: From $ 71.00 (psychological level)
- Support 1: From $ 69.00 (psychological level)
- Support 2: From $ 68.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.
WTI brand chart (current price: $ 59.10)
The WTI brand maintains upward momentum, limited to correction attempts.
- Resistance 1: From $ 60.00 (psychological level)
- Resistance 2: From $ 61.00 (psychological level)
- Support 1: From $ 58.00 (psychological level)
- Support 2: From $ 57.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating the limited growth.