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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Oil quotes remain at the level of the opening day, limited to the risks of trade confrontation.

Brent brand chart (current price: $ 77.30)


Brand Brent remains in the correction phase after growth, limited to the boundaries of the upward channel.

  • Resistance 1: From $ 78.00 (psychological level)
  • Resistance 2: From $ 78.50 (technical level)
  • Support 1: From $ 77.00 (psychological level)
  • Support 2: From $ 76.50 (technical level)

Computer analysis: Movings indicators  forex Stochastic Oscillator are in the neutral zone, but limit the possibility of growth.

WTI brand brand (current price: $ 68.70)


The WTI brand also moved to a decline on the resumption of risks.

  • Resistance 1: From $ 69.00 (psychological maximum)
  • Resistance 2: From $ 69.50 (technical level)
  • Support 1: From $ 68.50 (psychological level)
  • Support 2: From $ 68.00 (technical level)

Computer analysis: Movings indicators  forex Stochastic Oscillator are in the neutral zone, but limit the possibility of growth.

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