Technical Analysis of Oil (Alexander Sivtsov)
Oil is traded near zero marks during the Asian session.
Brent brand Graph (current price: $ 65.17)
Brand Brent is trading near the zero mark during the Asian session.
- Resistance 1: From $ 66.16 (March 6 maximum)
- Resistance 2: From $ 67.00 (psychological level)
- Support 1: From $ 64.00 (psychological level)
- Support 2: From $ 63.21 (March 2 minimum)
Computer analysis: The movings of the Stochastic Oscillator forex indicator on the chart H1 are in the neutral zone, against which the continuation of the Brent price movement in a narrow range is possible.
WTI brand Graph (current price: $ 61.27)
The WTI brand trades with a small plus during the Asian session.
- Resistance 1: From $ 62.33 (March 12 maximum)
- Resistance 2: From $ 63.27 (March 6 maximum)
- Support 1: From $ 60.12 (March 14 minimum)
- Support 2: From $ 59.00 (psychological level)
Computer analysis: The movings of the Stochastic Oscillator forex indicator on the chart H1 are in the neutral zone, in connection with which one should expect the continuation of the WTI price consolidation.