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 shows moderate growth at the start of the week on the correction after a decline.
Brent brand chart (current price: $ 62.80)
Brent trades with a strengthening, slowing down the decline.
- Resistance 1: From $ 64.00 (psychological level)
- Resistance 2: From $ 64.50 (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 overbought zone, indicating the limited growth.
WTI brand chart (current price: $ 56.30)
The WTI brand is trading with a strengthening on correction after a decline.
- Resistance 1: From $ 57.00 (psychological level)
- Resistance 2: From $ 57.50 (psychological level)
- Support 1: From $ 55.50 (psychological level)
- Support 2: From $ 55.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating the limited growth.