Brent Oil - Bullish above $48.80

FX:UKOIL   CFDs on Crude Oil (Brent)
Resistance - $48.80, $49.81-50, $52.00

Support - $47.72, $47.36, $46.74

  • Brent’s bearish price RSI divergence on the daily chart , followed by a bearish crossover between hourly 50-SMA and 100-SMA is likely to keep the prices under pressure.
  • However, bears need to watch out for a rebound from $48.26 followed by a recovery above key hurdle of $48.80 as that would result in a rally to $49.43-$49.81 levels.
  • On the downside, breach of support at $47.72 (hourly 200-MA) could see prices test $47.36-47.00 levels.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
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