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 traded at the opening of the day, limited to a general decrease in optimism in the market.
Brent brand chart (current price: $ 57.60)
Brand Brent under pressure correction from the start of the day, maintaining an upward trend.
- Resistance 1: From $ 59.00 (psychological level)
- Resistance 2: From $ 60.00 (psychological level)
- Support 1: From $ 57.00 (psychological level)
- Support 2: From $ 56.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 48.50)
The WTI brand is also trading at the opening of the day level, remaining under the pressure of correction.
- Resistance 1: From $ 50.00 (psychological level)
- Resistance 2: From $ 51.00 (psychological level)
- Support 1: From $ 48.00 (psychological level)
- Support 2: From $ 47.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the limitations of the decline.