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 remains under the pressure from uncertainty around the US – China trade agreement between.
Brent brand chart (current price: $ 62.00)
The Brent brand is trading at the opening of the day level, remaining under the pressure of trading risks and attempts of correction after growth.
- 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 indicator forex Stochastic Oscillator are in the neutral zone, indicating limited growth.
WTI brand chart (current price: $ 56.60)
The WTI brand remains restrained after the decline, limiting itself to uncertainty.
- Resistance 1: From $ 57.50 (psychological level)
- Resistance 2: From $ 58.50 (psychological level)
- Support 1: From $ 56.50 (psychological level)
- Support 2: From $ 55.50 (psychological level)
Computer analysis: Movings indicator forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.