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 slowed growth near six-month highs, moving to correction after growth.
Brent brand chart (current price: $ 74.10)
Brent is trading near Tuesday’s low for correction after growth.
- Resistance 1: From $ 75.00 (psychological level)
- Resistance 2: From $ 76.00 (psychological level)
- Support 1: From $ 74.00 (psychological level)
- Support 2: From $ 73.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the limited decline.
WTI brand chart (current price: $ 65.80)
The WTI brand is trading downward after a correction after growth, maintaining an upward trend.
- Resistance 1: From $ 66.00 (psychological level)
- Resistance 2: From $ 67.00 (psychological level)
- Support 1: From $ 65.00 (psychological level)
- Support 2: From $ 64.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.