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 resumed growth on data on the decline in exports of Saudi Arabia.

Brent brand chart (current price: $ 66.70)


Brent is trading with a strengthening, limited to the highs of last week.

  • Resistance 1: From $ 68.00 (psychological level)
  • Resistance 2: From $ 69.00 (psychological level)
  • Support 1: From $ 67.00 (psychological level)
  • Support 2: From $ 66.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.

WTI brand chart (current price: $ 59.30)


The WTI brand is also trading with a strengthening, limited to overbought.

  • Resistance 1: From $ 60.00 (psychological level)
  • Resistance 2: From $ 61.00 (psychological level)
  • Support 1: From $ 59.00 (psychological level)
  • Support 2: From $ 58.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating the limited growth.

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