Technical analysis of oil (Dani Leviant) - Ester Holdings

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 remains restrained at the start of the week, thereby adjusting after growth.

Brent brand chart (current price: $ 62.10)


The Brent brand is trading at the opening of the day level, limiting itself to a downtrend, but continues to receive a support from the growth of optimism.

  • Resistance 1: From $ 64.00 (psychological level)
  • Resistance 2: From $ 65.00 (psychological level)
  • Support 1: From $ 62.00 (psychological level)
  • Support 2: From $ 61.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.

WTI brand chart (current price: $ 57.80)


The WTI brand remains restrained after growth, preparing to resume the growth.

  • Resistance 1: From $ 58.50 (psychological level)
  • Resistance 2: From $ 59.50 (psychological level)
  • Support 1: From $ 57.50 (psychological level)
  • Support 2: From $ 56.50 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.

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