TipTVFinance

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

FX:UKOIL   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.

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out