UK BRENT OIL
New forecast
The price of Brent crude futures shows additional positive trading, approaching the support at 80.00, waiting for a further rise to reach 81.27, which represents our next positive station and extends to 82.11.
Therefore, the bullish trend scenario will remain valid and effective for today, keeping in mind that breaking 78.87 will put the price under immediate negative pressure before any new attempt to rise.
The expected trading range for today is between support 78.87 and resistance 83.17 .
Additionally ,Today News will affect on the market .
support line : 78.87 , 77.60
resistance line : 81.27 , 82.11
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New forecast
The price of Brent crude futures shows additional positive trading, approaching the support at 80.00, waiting for a further rise to reach 81.27, which represents our next positive station and extends to 82.11.
Therefore, the bullish trend scenario will remain valid and effective for today, keeping in mind that breaking 78.87 will put the price under immediate negative pressure before any new attempt to rise.
The expected trading range for today is between support 78.87 and resistance 83.17 .
Additionally ,Today News will affect on the market .
support line : 78.87 , 77.60
resistance line : 81.27 , 82.11
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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UK BRENT OIL
UPDATE
The price of Brent crude oil futures is offering quiet positive trading, indicating that the price is heading to resume the expected upward trend for today, waiting to test the 81.27 level, which represents our next main target and extend to 83.17 level .
Therefore the upward scenario will be remain valid and effective during coming period supported by moving average 50 that is started to support the price to rise up ,taking into account that breaking 78.87 level will stop the proposed rise and put the price under negative pressure in the immediate term.
The expected trading range for today is between support 78.87 and resistance 83.17 .
Additionally ,Today News will affect on the market .
support line : 78.87 , 77.60
resistance line : 80.00 , 82.11
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️