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 shows a decline at the start of the week for correction after growth, maintaining an upward dynamic.
Brent brand chart (current price: $ 68.70)
Brent shows a moderate decline in maintaining concerns over trade opposition and correction after growth.
- 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: $ 58.30)
The WTI brand slowed down to correction, maintaining a moderately downward trend.
- Resistance 1: From $ 59.00 (psychological level)
- Resistance 2: From $ 60.00 (psychological level)
- Support 1: From $ 57.00 (psychological level)
- Support 2: From $ 56.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.