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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The oil market remains very restrained, despite the growing tensions between the United States and Iran.

Brent brand chart (current price: $ 64.90)


Brent brand is trading at the opening level of the day, limited to an upward trend.

  • Resistance 1: From $ 66.00 (psychological level)
  • Resistance 2: From $ 67.00 (psychological level)
  • Support 1: From $ 64.00 (psychological level)
  • Support 2: From $ 63.00 (psychological level)

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

WTI brand chart (current price: $ 58.00)


The WTI brand maintains an uptrend, which is limited to the formation of a flat.

  • Resistance 1: From $ 59.00 (psychological level)
  • Resistance 2: From $ 60.00 (psychological level)
  • Support 1: From $ 57.00 (psychological level)
  • Support 2: From $ 56.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a growth restriction.

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