Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
Earn with the help of the trade service on the news Erste News!
Oil quotes have moved to the correction after rising risks in the market and API data on the US oil inventories.
Brent brand chart (current price: $ 84.70)
Brent trades with a decline, remaining under pressure from the expectations of data on the growth of the US oil inventories, but also shows a correction after updating the minimum at the start of the day.
- Resistance 1: From $ 83.00 (psychological level)
- Resistance 2: From $ 83.50 (technical level)
- Support 1: From $ 81.50 (technical level)
- Support 2: From $ 81.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a correction.
WTI brand chart (current price: $ 72.30)
WTI also trades under pressure, limited to correction.
- Resistance 1: From $ 72.50 (technical maximum)
- Resistance 2: From $ 73.00 (psychological level)
- Support 1: From $ 71.50 (psychological level)
- Support 2: From $ 71.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the formation of a correction.