Technical analysis of oil (Dani Leviant) - Ester Holdings

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 demonstrate multidirectional dynamics in preserving the risks of a trade war.

Brent brand chart (current price: $ 62.00)


Brand Brent shows growth in the correction after the decline, continuing to be limited to risks.

  • Resistance 1: From $ 63.00 (psychological level)
  • Resistance 2: From $ 64.00 (psychological level)
  • Support 1: From $ 61.00 (psychological level)
  • Support 2: From $ 60.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.

WTI brand chart (current price: $ 53.80)


Brand WTI maintains restraint on the upward correction, limited to risk.

  • Resistance 1: From $ 55.00 (psychological level)
  • Resistance 2: From $ 56.00 (psychological level)
  • Support 1: From $ 53.00 (psychological level)
  • Support 2: From $ 52.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.

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