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 opened on Tuesday with a decrease in attempts of correction.
Brent brand chart (current price: $ 66.40)
Brand Brent maintains upward dynamics, despite attempts of correction.
- Resistance 1: From $ 67.00 (psychological level)
- Resistance 2: From $ 67.50 (psychological level)
- Support 1: From $ 66.00 (psychological level)
- Support 2: From $ 65.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a potential for decline.
WTI brand chart (current price: $ 59.40)
Mark WTI traded restrained after the decline, while maintaining general upward trend.
- Resistance 1: From $ 60.50 (psychological level)
- Resistance 2: From $ 61.00 (psychological level)
- Support 1: From $ 59.00 (psychological level)
- Support 2: From $ 58.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.