Technical analysis of oil (Dani Leviant) - Ester Holdings

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 return to growth on general optimism.

Brent brand chart (current price: $ 62.80)


Brent is trading with a small strengthening on Tuesday, maintaining an upward trend.

  • Resistance 1: From $ 63.50 (technical level)
  • Resistance 2: From $ 64.00 (psychological level)
  • Support 1: From $ 61.50 (technical level)
  • Support 2: From $ 61.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.

WTI brand chart (current price: $ 55.00)


The WTI brand also accelerated growth in optimism and data on the reduction of supply from Venezuela.

  • Resistance 1: From $ 56.00 (psychological level)
  • Resistance 2: From $ 57.00 (psychological level)
  • Support 1: From $ 53.00 (psychological level)
  • Support 2: From $ 52.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.

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