Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
Earn with the help of the trade service on the news Erste News!
The oil market maintains a restrained positive trend in anticipation of lower supply.
Brent brand chart (current price: $ 62.70)
The Brent brand is showing moderate growth, limiting itself to overbought and attempts of correction.
- Resistance 1: From $ 63.00 (psychological level)
- Resistance 2: From $ 64.00 (psychological level)
- Support 1: From $ 62.00 (psychological level)
- Support 2: From $ 61.00 (psychological level)
Computer analysis: Movings indicator forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 58.00)
The WTI brand is trading down for correction, maintaining an uptrend.
- Resistance 1: From $ 59.00 (psychological level)
- Resistance 2: From $ 60.00 (psychological level)
- Support 1: From $ 57.50 (psychological level)
- Support 2: From $ 56.50 (psychological level)
Computer analysis: Movings indicator forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.