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 is limited by attempts of correction after growth, maintaining an upward dynamics.
Brent brand chart (current price: $ 61.30)
Brent is trading at the opening of the day level after strengthening, limiting itself to correction after another growth.
- Resistance 1: From $ 62.00 (psychological level)
- Resistance 2: From $ 63.00 (psychological level)
- Support 1: From $ 60.50 (psychological level)
- Support 2: From $ 59.50 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.
WTI brand chart (current price: $ 55.90)
The WTI brand is trading with attempts of correct after growth, while maintaining a restrained upward trend.
- Resistance 1: From $ 57.00 (psychological level)
- Resistance 2: From $ 58.00 (psychological level)
- Support 1: From $ 55.00 (psychological level)
- Support 2: From $ 54.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral overbought zone, indicating limited growth.