Weekly BRENT Technical Analysis and Forecast - Commodities

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Commodities
Brent Crude Oil (BRENT)^new
Natural Gas (NGAS)
West Texas Intermediate Oil (WTI)^new
Silver (XAGUSD)^new
Gold (XAUUSD)^new

Forex
AUDCAD^new^free
AUDCHF^new^free
AUDJPY^new
AUDNZD^new
AUDUSD^new
CADCHF^new
CADJPY^new
CHFJPY^new
EURAUD^new
EURCAD^new
EURCHF^new^free
EURGBP^new
EURJPY^new
EURNZD^new
EURUSD^new
GBPAUD^new
GBPCAD^new
GBPCHF^new
GBPJPY^new
GBPNZD^new
GBPUSD^new
NZDCAD^new
NZDCHF^new
NZDJPY^new
NZDUSD^new
USDCAD^new
USDCHF^new^free
USDJPY^new

Forex
AUDSGD^new
CHFSGD^new^free
EURSGD^new
GBPSGD^new^free
NZDSGD^new
SGDJPY^new
USDSGD^new
USDTRY^new^free

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Weekly forecast		Brent Crude Oil technical chart
Symbol	BRENT	Download MT4 template file Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	March 21, 2020 - 12:59
Current	downtrend
Forecast	beginning of uptrend
Midterm forecast: While the price is above the support 27.050, beginning of uptrend is expected. We make sure when the resistance at 48.900 breaks. If the support at 27.050 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 53.85 on 03/03/2020, so more losses minimum to Major Support (27.05) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 26. Supports and Resistances: 79.35 Support on 10/22/2018 Support on 10/17/2018 Support on 10/12/2018 Resistance on 09/21/2018 Resistance on 09/20/2018 Resistance on 09/18/2018 Resistance on 09/11/2018 Resistance on 09/04/2018 Resistance on 07/10/2018 Resistance on 06/29/2018 Support on 05/23/2018 Support on 05/22/2018 74.75 Resistance on 04/25/2019 Resistance on 11/01/2018 Resistance on 08/08/2018 Resistance on 08/07/2018 Support on 07/30/2018 Resistance on 07/25/2018 Resistance on 07/23/2018 Resistance on 06/25/2018 Support on 06/06/2018 Support on 06/05/2018 Support on 05/30/2018 Support on 05/29/2018 Support on 05/28/2018 Resistance on 05/01/2018 Resistance on 04/30/2018 Resistance on 04/24/2018 70.35 Resistance on 01/06/2020 Support on 04/16/2019 Support on 04/15/2019 Support on 04/11/2019 Support on 04/10/2019 Resistance on 04/05/2019 Support on 08/15/2018 Support on 04/17/2018 Support on 04/11/2018 Resistance on 03/27/2018 Resistance on 03/26/2018 Resistance on 01/26/2018 Resistance on 01/24/2018 66.05 Support on 01/03/2020 Support on 12/31/2019 Resistance on 12/19/2019 Resistance on 07/16/2019 Resistance on 07/01/2019 Resistance on 06/27/2019 Resistance on 06/26/2019 Support on 05/23/2019 Support on 03/28/2019 Support on 03/25/2019 Support on 03/22/2019 Support on 03/15/2019 Resistance on 03/08/2019 Support on 02/28/2019 Support on 02/20/2019 Support on 11/19/2018 Support on 11/16/2018 Support on 11/15/2018 Resistance on 03/19/2018 Resistance on 03/16/2018 Resistance on 03/06/2018 Support on 02/27/2018 Resistance on 02/22/2018 Resistance on 06/11/2015 Resistance on 06/10/2015 Support on 05/18/2015 Support on 05/15/2015 Support on 05/14/2015 63.10 Support on 01/15/2020 Support on 12/12/2019 Resistance on 12/05/2019 Resistance on 12/04/2019 Resistance on 11/29/2019 Resistance on 11/28/2019 Resistance on 11/27/2019 Resistance on 11/26/2019 Resistance on 11/22/2019 Resistance on 11/21/2019 Resistance on 11/15/2019 Resistance on 11/06/2019 Resistance on 11/05/2019 Support on 09/23/2019 Support on 09/20/2019 Support on 09/17/2019 Resistance on 09/10/2019 Support on 07/17/2019 Support on 07/05/2019 Support on 07/04/2019 Resistance on 06/07/2019 Support on 02/14/2019 Resistance on 02/12/2019 Resistance on 02/05/2019 Resistance on 02/04/2019 Resistance on 02/01/2019 Resistance on 01/21/2019 Resistance on 12/07/2018 Resistance on 12/05/2018 Resistance on 12/04/2018 Resistance on 11/23/2018 Support on 03/02/2018 Support on 03/01/2018 Support on 02/15/2018 Resistance on 12/18/2017 Resistance on 12/15/2017 Resistance on 12/14/2017 Support on 12/12/2017 Resistance on 12/05/2017 Resistance on 11/30/2017 Support on 11/27/2017 60.50 Support on 01/23/2020 Support on 12/03/2019 Support on 12/02/2019 Support on 11/08/2019 Resistance on 10/31/2019 Support on 10/29/2019 Resistance on 10/14/2019 Resistance on 10/11/2019 Support on 09/27/2019 Support on 09/26/2019 Support on 09/25/2019 Support on 09/11/2019 Resistance on 09/05/2019 Resistance on 09/04/2019 Resistance on 08/30/2019 Resistance on 08/29/2019 Resistance on 08/28/2019 Resistance on 08/22/2019 Resistance on 08/21/2019 Support on 08/01/2019 Support on 06/14/2019 Support on 06/04/2019 Support on 06/03/2019 Support on 02/07/2019 Support on 02/01/2019 Support on 01/31/2019 Support on 01/25/2019 Support on 01/24/2019 Support on 01/23/2019 Support on 01/22/2019 Resistance on 12/17/2018 Resistance on 11/30/2018 Resistance on 11/29/2018 Click on the level to view price action history.

Symbol	Released	Current	Forecast
Brent Crude Oil (BRENT)^new	Sun, 14 Apr 2024
Brent Crude Oil (BRENT)^new	Sun, 14 Apr 2024
Brent Crude Oil (BRENT)	Sat, 6 Apr 2024
Brent Crude Oil (BRENT)	Sat, 30 Mar 2024
Brent Crude Oil (BRENT)	Sat, 23 Mar 2024

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