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 remain restrained at the start of the day after a decline in the API data on the growth of the US oil reserves, receiving support from attempts to increase stock indices.
Brent brand chart (current price: $ 61.00)
Brand Brent is traded at the opening of the day level, limited to correctional dynamics.
- Resistance 1: From $ 62.00 (psychological level)
- Resistance 2: From $ 63.00 (psychological level)
- Support 1: From $ 60.00 (psychological level)
- Support 2: From $ 59.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating market uncertainty.
WTI brand chart (current price: $ 52.60)
WTI also demonstrates restrained movement at the opening of the day, limited to the correction phase.
- Resistance 1: From $ 53.00 (psychological level)
- Resistance 2: From $ 54.00 (psychological level)
- Support 1: From $ 52.00 (psychological level)
- Support 2: From $ 51.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the limitations of significant growth.