TipTVFinance

Brent oil – Above $50.00, no eye trend line resistance

FX:UKOIL   CFDs on Crude Oil (Brent)
Resistance - $50.89, $52.55, $53.36

Support - $49.68, $49.00, $48.34

  • Prospects of such a move are high, given the move above previous high of $49.81 has negated the bearish price RSI divergence on the daily chart .
  • However, bulls should observe caution as only a day end closing above $49.81 would indicate continuation of rally.
  • The futures currently trade around $50.10 and move below $49.81 would signal corrective rally to $49.00 levels.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out