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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.

DateJanuary 2, 2018 - 16:24
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 61.850 is a major support, while this level is not broken, the Midterm wave will be 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 67.

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. 65.00
  18. 68.15
  19. 69.70
  20. 88.45
  21. 96.70
  22. 115.60
  23. 128.35
Click on the level to view price action history.

Symbol Released Current Forecast
Brent Crude Oil (BRENT) Sat, 23 Mar 2024
Brent Crude Oil (BRENT) Sat, 16 Mar 2024
Brent Crude Oil (BRENT) Sat, 9 Mar 2024
Brent Crude Oil (BRENT) Sat, 2 Mar 2024
Brent Crude Oil (BRENT) Sat, 24 Feb 2024