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 maintain an upward trend, limited to overbought after the growth on a decrease in the US oil reserves.
Brent brand chart (current price: $ 68.40)
Brand Brent is trading with the strengthening, limited to highs and increasing risks.
- Resistance 1: From $ 69.00 (psychological level)
- Resistance 2: From $ 70.00 (psychological level)
- Support 1: From $ 68.00 (psychological level)
- Support 2: From $ 67.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 60.00)
The WTI brand also is trading with strengthening, limiting itself to risks, but maintaining upward dynamics.
- 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 oversold zone, indicating a limited decline.