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 at the start of the day are traded with a strengthening on the data on the reduction of the US oil inventories from API.
Brent brand chart (current price: $ 65.60)
Brent brand is trading with a strengthening on the correction after the decline.
- Resistance 1: From $ 66.00 (psychological level)
- Resistance 2: From $ 67.00 (psychological level)
- Support 1: From $ 64.00 (psychological level)
- Support 2: From $ 63.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 56.10)
The WTI brand also trades with a strengthening on correction after a decline.
- Resistance 1: From $ 57.00 (psychological level)
- Resistance 2: From $ 58.00 (psychological level)
- Support 1: From $ 55.00 (psychological level)
- Support 2: From $ 54.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.