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!
Oil quotes resume decline after attempts to grow and to correct.
Brent brand chart (current price: $ 66.20)
Brent brand trades with a decrease in the resumption of a downtrend, while limiting to oversold.
- Resistance 1: From $ 67.00 (psychological level)
- Resistance 2: From $ 67.50 (technical level)
- Support 1: From $ 66.00 (psychological level)
- Support 2: From $ 65.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 56.80)
The WTI brand remains under pressure from risk and supply growth, which contributes to the resumption of decline.
- Resistance 1: From $ 57.50 (technical maximum)
- Resistance 2: From $ 58.00 (psychological level)
- Support 1: From $ 55.50 (technical level)
- Support 2: From $ 55.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.