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 from the start of the day remains under the pressure of correction after growth.
Brent brand chart (current price: $ 60.30)
The Brent brand is showing a restrained decline in correction after a sharp increase yesterday.
- Resistance 1: From $ 61.00 (psychological level)
- Resistance 2: From $ 62.50 (psychological level)
- Support 1: From $ 59.50 (psychological level)
- Support 2: From $ 58.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
WTI brand chart (current price: $ 55.80)
The WTI brand is trading down for correction, limited by a downward trend.
- Resistance 1: From $ 57.00 (psychological level)
- Resistance 2: From $ 58.00 (psychological level)
- Support 1: From $ 55.50 (psychological level)
- Support 2: From $ 54.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.