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 resumed the growth on the decline in pessimistic sentiment.
Brent brand chart (current price: $ 59.40)
The Brent brand has returned to growth on the rebound from the weekly low and the growth of optimism.
- Resistance 1: From $ 59.00 (psychological level)
- Resistance 2: From $ 60.00 (psychological level)
- Support 1: From $ 58.00 (psychological level)
- Support 2: From $ 57.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating limited growth.
WTI brand chart (current price: $ 55.10)
The WTI brand trades with growth on optimism, limiting itself to a downtrend.
- Resistance 1: From $ 56.00 (psychological level)
- Resistance 2: From $ 57.00 (psychological level)
- Support 1: From $ 54.00 (psychological level)
- Support 2: From $ 53.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating uncertainty.