Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
Earn with the help of the trade service on the news Erste News!
The oil market accelerated growth after information that the United States could postpone trade tariffs to Mexico, causing an increase in optimism and a reduction in the risks of a trade war.
Brent brand chart (current price: $ 62.80)
Brand Brent shows growth, adjusting after reducing to reduce risks, limited to overbought.
- 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: $ 53.50)
The WTI brand keeps trying to grow on optimism, keeping the downtrend.
- Resistance 1: From $ 54.00 (psychological level)
- Resistance 2: From $ 55.00 (psychological level)
- Support 1: From $ 52.00 (psychological level)
- Support 2: From $ 51.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.