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 trading restrained on correction after growth
Brent brand chart (current price: $ 63.30)
Brent brand is trading at the opening level of the day, maintaining a downward trend.
- Resistance 1: From $ 64.50 (psychological level)
- Resistance 2: From $ 65.00 (psychological level)
- Support 1: From $ 63.50 (psychological level)
- Support 2: From $ 63.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 56.90)
WTI brand is trading at the opening of the day level, remaining under the pressure on the correction after growth.
- Resistance 1: From $ 57.50 (psychological level)
- Resistance 2: From $ 58.00 (psychological level)
- Support 1: From $ 56.00 (psychological level)
- Support 2: From $ 55.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating uncertainty.