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 from the start of the day came closer to Monday highs on the evidence that Saudi Arabia does not have time to resume oil exports, and the US is in no hurry to sell reserves.
Brent brand chart (current price: $ 67.90)
The Brent brand shows a decline on the correction from Monday highs, maintaining an upward trend on fears of a decline in supply.