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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Oil quotes opened the week lowering the possibility of easing sanctions against Iran.
Brent brand chart (current price: $ 83.20)
Brent trades with a decrease in the negative opening of the week, which is caused by the correction and the possibility of an increase in supply in the oil market.
- Resistance 1: From $ 84.00 (psychological level)
- Resistance 2: From $ 84.50 (technical level)
- Support 1: From $ 83.00 (psychological level)
- Support 2: From $ 82.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that the potential to reduce.
WTI brand chart (current price: $ 73.60)
Марка WTI также торгуется с понижением на росте рисков
The WTI brand is also trading lower on the rising risk of increased supply.
- Resistance 1: From $ 74.50 (technical maximum)
- Resistance 2: From $ 75.00 (psychological level)
- Support 1: From $ 73.00 (psychological level)
- Support 2: From $ 72.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a tendency to decline.