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 restrained due to the absence of drivers after another decline.

Brent brand chart (current price: $ 63.70)

Brand Brent traded at the opening of the day, restrainingly adjusting after the decline.

  • Resistance 1: From $ 64.50 (psychological level)
  • Resistance 2: From $ 65.00 (psychological level)
  • Support 1: From $ 63.00 (psychological level)
  • Support 2: From $ 62.50 (psychological level)

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

WTI brand chart (current price: $ 56.70)

The WTI brand is restrained after a decline, slowing the upward trend and demonstrating a low-key correction.

  • Resistance 1: From $ 57.50 (psychological level)
  • Resistance 2: From $ 58.00 (psychological level)
  • Support 1: From $ 56.50 (psychological level)
  • Support 2: From $ 56.00 (psychological level)

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

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