website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Brent Crude Oil technical chart
Symbol BRENT

Download MT4 template file

Trading suggestion:

Regarding the entry signal of DTO we will invest at Monday - if no GAP - when the market opens.

We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (71.55)
    • Support on 04/12/2018
    • Support on 07/16/2018
    • Support on 07/17/2018
    • Support on 07/18/2018
    • Support on 08/10/2018
    • Support on 08/13/2018
    • Support on 08/20/2018
    • Support on 11/06/2018
    • Support on 11/07/2018
    • Resistance on 11/12/2018
    • Resistance on 04/10/2019
    • Resistance on 04/11/2019
    • Resistance on 04/12/2019
    • Resistance on 04/16/2019
    • Resistance on 04/17/2019
    • Resistance on 04/18/2019
  • Ending of entry zone (72.70)
    • Resistance on 04/11/2018
    • Support on 04/23/2018
    • Support on 04/25/2018
    • Support on 04/30/2018
    • Support on 05/01/2018
    • Support on 05/02/2018
    • Support on 05/03/2018
    • Support on 06/15/2018
    • Support on 06/18/2018
    • Support on 06/21/2018
    • Support on 07/12/2018
    • Support on 07/20/2018
    • Support on 07/23/2018
    • Support on 07/24/2018
    • Support on 08/03/2018
    • Support on 08/13/2018
    • Resistance on 08/15/2018
    • Resistance on 08/17/2018
    • Resistance on 08/20/2018
    • Support on 11/01/2018
    • Resistance on 11/08/2018

DateApril 27, 2019 - 18:16
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 72.700, beginning of downtrend is expected.
  • We make sure when the support at 64.000 breaks.
  • If the resistance at 72.700 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 49 is not broken, the probability of price decrease would be too low.
  • A peak is formed in daily chart at 74.70 on 04/25/2019, so more losses to support(s) 70.35, 68.50, 67.00 and minimum to Major Support (64.00) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 54.

Take Profits:

  1. 70.35
  2. 68.50
  3. 67.00
  4. 66.05
  5. 64.00
  6. 62.35
  7. 59.00
  8. 55.05
  9. 50.25
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