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 prices continue to trade in positive territory, keeping optimism on the reduction of supply in the oil market.
Brent brand chart (current price: $ 81.60)
Brand Brent trades strengthening, keeping optimism on Monday.
- Resistance 1: From $ 82.00 (psychological level)
- Resistance 2: From $ 82.50 (technical level)
- Support 1: From $ 81.00 (psychological level)
- Support 2: From $ 80.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating a limited growth.
WTI brand chart (current price: $ 72.30)
The WTI brand also demonstrates growth, limited to yesterday’s high.
- Resistance 1: From $ 72.50 (technical maximum)
- Resistance 2: From $ 73.00 (psychological level)
- Support 1: From $ 71.50 (technical level)
- Support 2: From $ 71.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, limiting the possibility of further growth.