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 are trading at the opening of the day, keeping the potential for decline on the data that Iran continues to export oil.
Brent brand chart (current price: $ 72.90)
Brent brand is trading near the opening of the day, remaining under pressure from the growth of supply and maintaining a sideways trend.
- Resistance 1: From $ 74.00 (technical level)
- Resistance 2: From $ 74.50 (psychological level)
- Support 1: From $ 72.00 (psychological level)
- Support 2: From $ 71.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating market uncertainty.
WTI brand chart (current price: $ 62.90)
The WTI brand also remains under pressure from the growth of the offer trading at the opening level, but retaining the potential for decline.
- Resistance 1: From $ 63.50 (technical maximum)
- Resistance 2: From $ 64.00 (psychological level)
- Support 1: From $ 62.50 (technical level)
- Support 2: From $ 62.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating uncertainty.