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.

Earn with the help of the trade service on the news Erste News!


The oil market remains restrained in anticipation of data on the US oil inventories and trade negotiations between the United States and China.

Brent brand chart (current price: $ 58.80)


The Brent brand is limited to a flat waiting for data on the US oil inventories, which forms an upward reversal after a two-week decline.

  • Resistance 1: From $ 59.00 (psychological level)
  • Resistance 2: From $ 60.00 (psychological level)
  • Support 1: From $ 57.00 (psychological level)
  • Support 2: From $ 56.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.

WTI brand chart (current price: $ 52.40)


The WTI brand is trading flat, waiting for data on the US oil inventories, slowing down the downtrend.

  • Resistance 1: From $ 53.50 (psychological level)
  • Resistance 2: From $ 54.50 (psychological level)
  • Support 1: From $ 52.00 (psychological level)
  • Support 2: From $ 51.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating uncertainty.

Аналитическая рассылка

Analytical newsletter
Subscribe to the analytical newsletter to be up-to-date with current events!

Вы с украины?