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 is showing growth on an increase in optimism and correction after a decline.
Brent brand chart (current price: $ 62.80)
Brand Brent is trading with strengthening, limited to the downward dynamics of the last days.
- Resistance 1: From $ 63.50 (psychological level)
- Resistance 2: From $ 64.00 (psychological level)
- Support 1: From $ 62.00 (psychological level)
- Support 2: From $ 61.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.
WTI brand chart (current price: $ 55.90)
WTI is traded restrained above the opening of the day, limited to the downward trend.
- Resistance 1: From $ 56.50 (psychological level)
- Resistance 2: From $ 57.00 (psychological level)
- Support 1: From $ 55.00 (psychological level)
- Support 2: From $ 54.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating uncertainty.