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 are traded restrained at the end of the week, limited to geopolitical risks and the US – China trade confrontation.
Brent brand chart (current price: $ 60.60)
Brand Brent is trading with a slight decrease, maintaining a downward trend on Thursday.