Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
Earn with the help of the trade service on the news Erste News!
The oil market has accelerated growth on data API about the US oil reserves reduce.
Brent brand chart (current price: $ 65.30)
Brent has been trading with a strengthening from the start of the day, waiting for a decrease in the US oil inventories, which has accelerated the weekly 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 overbought zone, indicating the limited growth.
WTI brand chart (current price: $ 59.00)
Mark WTI is trading with the strengthening, on the expectation of reducing the oil reserves in the United States.
- Resistance 1: From $ 59.00 (psychological level)
- Resistance 2: From $ 60.50 (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 neutral zone, indicating that growth is limited.