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Weekly forecast Brent Crude Oil technical chart
Symbol BRENT

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSat, 12/02/2017 - 17:44
Currentuptrend
Forecastcontinuation of uptrend
Last weekBearish

Midterm forecast:

  • The current trend is uptrend and the forecast is continuation of uptrend.

Technical analysis:

  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 62.

Supports and Resistances:

  1. 27.05
  2. 32.15
  3. 36.00
  4. 38.90
  5. 41.50
  6. 44.65
  7. 46.40
  8. 48.25
  9. 50.80
  10. 52.50
  11. 53.70
  12. 55.05
  13. 56.55
  14. 57.30
  15. 58.35
  16. 59.40
  17. 60.90
  18. 65.00
  19. 68.15
  20. 69.70
  21. 88.45
  22. 96.70
  23. 115.60
  24. 128.35
Click on the level to view price action history.

Symbol Released Current Forecast
Brent Crude Oil (BRENT) Mon, 13 Aug 2018
Brent Crude Oil (BRENT) Mon, 6 Aug 2018
Brent Crude Oil (BRENT) Sat, 28 Jul 2018
Brent Crude Oil (BRENT) Mon, 9 Jul 2018
Brent Crude Oil (BRENT) Sun, 1 Jul 2018