Technical Analysis of Oil (Alexander Sivtsov)
Oil is traded above the zero mark in the Asian session.
Brent chart (current price: $ 75.06)
Brent is traded above the zero mark during the Asian session.
- Resistance 1: From $ 76.00 (psychological level)
- Resistance 2: From $ 77.00 (psychological level)
- Support 1: From $ 74.00 (psychological level)
- Support 2: From $ 72.75 (technical level)
Computer analysis: The Stochastic Oscillator movings on the chart H1 are in the neutral zone, against which the formation of consolidation of the Brent price is possible.
WTI chart (current price: $ 69.11)
WTI is traded above the zero mark during the Asian session.
- Resistance 1: From $ 70.00 (psychological level)
- Resistance 2: From $ 71.00 (psychological level)
- Support 1: From $ 68.00 (psychological level)
- Support 2: From $ 67.15 (technical level)
Computer analysis: The Stochastic Oscillator movings on the chart H1 are in the neutral zone, the movement of the WTI price in a narrow range is possible.