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 maintains a restrained upward trend due to the tension in the Middle East.

Brent brand chart (current price: $ 63.30)


Brand Brent trades discreetly, limited to the downward trend.

  • 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 neutral zone, indicating that growth is limited.

WTI brand chart (current price: $ 56.10)


The WTI brand is trading at the opening of the day level, correcting after the decline and keeping the downtrend.

  • 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 neutral zone, indicating that growth is limited.

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