Technical analysis of oil (Dani Leviant)
Oil is traded with a slight decrease from the opening of the day, remaining under pressure on the growth of oil reserves in the US.
Brent chart (current price: $ 79.40)
The Brent is limited to a mark of $ 80 per barrel, while retaining the potential for growth.
- Resistance 1: From $ 80.00 (psychological level)
- Resistance 2: From $ 80.50 (technical level)
- Support 1: From $ 78.50 (technical level)
- Support 2: From $ 78.00 (psychological level)
Computer analysis: The Stochastic Oscillator movings came out of the oversold zone, thereby indicating the potential for growth.
WTI chart (current price: $ 71.50)
The WTI brand also retreated from psychology at 73.00, but retains the potential for growth, despite concerns over the growth of stocks in the US.
- Resistance 1: From $ 72.50 (technical level)
- Resistance 2: From $ 73.00 (psychological level)
- Support 1: From $ 71.00 (psychological level)
- Support 2: From $ 70.50 (technical level)
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, preserving the opportunity to strengthen.