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 on Thursday are traded with a strengthening, receiving support from optimism around the US-China trade talks. Before they were under the pressure from API data on increased US oil inventories.
Brent brand chart (current price: $ 67.00)
Brent brand is trading at the opening of the day level, maintaining the lateral dynamics, limited to attempts of correction.
- Resistance 1: From $ 68.00 (psychological level)
- Resistance 2: From $ 69.00 (psychological level)
- Support 1: From $ 66.00 (psychological level)
- Support 2: From $ 65.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 57.20)
The WTI brand also trades at the opening level of the day, limited to attempts of correction after growth.
- Resistance 1: From $ 58.00 (psychological level)
- Resistance 2: From $ 59.00 (psychological level)
- Support 1: From $ 56.00 (psychological level)
- Support 2: From $ 55.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.