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 moved to a correction after the decline, which contributes to an increase in optimism in the market.
Brent brand chart (current price: $ 59.60)
The Brent brand is trading with strengthening on the correction after the decline, limiting itself to overbought and downward dynamics.
- Resistance 1: From $ 60.00 (psychological level)
- Resistance 2: From $ 61.00 (psychological level)
- Support 1: From $ 59.00 (psychological level)
- Support 2: From $ 58.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating limited growth.
WTI brand chart (current price: $ 54.30)
The WTI brand is trading at the opening of the day level, maintaining lateral dynamics and preserving the potential for strengthening on the correction.
- Resistance 1: From $ 55.00 (psychological level)
- Resistance 2: From $ 56.00 (psychological level)
- Support 1: From $ 53.50 (psychological level)
- Support 2: From $ 52.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.