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 continues to grow on data about difficult weather conditions in the Gulf of Mexico.
Brent brand chart (current price: $ 67.60)
Brent trades with a strengthening, continuing to receive support from the reduction of the US oil reserves and possible disruptions in deliveries from the Gulf of Mexico.
- Resistance 1: From $ 68.00 (psychological level)
- Resistance 2: From $ 69.00 (psychological level)
- Support 1: From $ 67.00 (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: $ 60.90)
WTI brand is trading with a strengthening, on the possibility of reducing production in the Gulf of Mexico.
- Resistance 1: From $ 61.00 (psychological level)
- Resistance 2: From $ 62.00 (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 overbought zone, indicating the limited growth.