![](https://esterholdings.com/wp-content/uploads/oil-1-730x490.jpg)
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!
Oil quotes moved to correction after yesterday’s decline.
Brent brand chart (current price: $ 79.30)
The Brent brand traded with a strengthening at the start of the day on correction, but is limited to recent highs.
- Resistance 1: From $ 79.00 (psychological level)
- Resistance 2: From $ 79.50 (technical level)
- Support 1: From $ 78.00 (psychological level)
- Support 2: From $ 77.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating a limited growth.
WTI brand chart (current price: $ 69.00)
The WTI brand also demonstrates restrained growth on correction, limited to overbought.
- Resistance 1: From $ 69.50 (technical maximum)
- Resistance 2: From $ 70.00 (psychological level)
- Support 1: From $ 68.50 (technical level)
- Support 2: From $ 68.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating a limited growth.