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 is recovering after a decline on technical correction and optimistic sentiment associated with the expectation of a trade deal.
Brent brand chart (current price: $ 62.60)
The Brent brand is trading with strengthening, limited to overbought and trading channels.
- Resistance 1: From $ 63.00 (psychological level)
- Resistance 2: From $ 64.00 (psychological level)
- Support 1: From $ 61.50 (psychological level)
- Support 2: From $ 60.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating limited growth.
WTI brand chart (current price: $ 57.10)
The WTI brand maintains lateral dynamics, limited to oversold.
- Resistance 1: From $ 57.50 (psychological level)
- Resistance 2: From $ 58.50 (psychological level)
- Support 1: From $ 56.00 (psychological level)
- Support 2: From $ 55.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating limited growth.