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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The oil market has resumed growth after a decline in the exacerbation of the military situation in Libya.

Brent brand chart (current price: $ 70.90)


Brand Brent has been trading with a strengthening from the start of the day, forming support and maintaining a potential for growth.

  • Resistance 1: From $ 71.00 (psychological level)
  • Resistance 2: From $ 72.00 (psychological level)
  • Support 1: From $ 70.00 (psychological level)
  • Support 2: From $ 69.00 (psychological level)

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

WTI brand chart (current price: $ 64.30)


The WTI brand trades restrained on attempts to correct and resume growth.

  • Resistance 1: From $ 65.00 (psychological level)
  • Resistance 2: From $ 66.00 (psychological level)
  • Support 1: From $ 63.00 (psychological level)
  • Support 2: From $ 62.00 (psychological level)

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

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