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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The oil market opened the new week with a decline, due to technical correction after growth and the risks of supply growth.
Brent brand chart (current price: $ 58.80)
The Brent brand is trading with a decline on common signs of declining demand, limited to the side channel of the past week.