BRENT

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BRENT

After the Christmas holiday, oil prices started with an increase as the markets entered the last week of the year. The trade tensions that were disrupted in the Red Sea are still high. The course of the US stock markets can be followed during the day. As long as the prices remain below the 79.00 - 79.50 resistance in the upcoming process, a downward view may be in the foreground. In possible declines, the 78.50 and 78.00 levels can be targeted. In this process, the attitude of the 78.00 region, which is supported by the 200-period exponential moving average, should be followed carefully. As long as the 79.00 - 79.50 resistance remains current in possible recoveries, a new downward potential may occur. Therefore, it may be necessary to see the course above 79.50 and hourly closings for the continuation of the upward desire. In this case, the 80.00 and 80.50 levels may come to the agenda. Support: 78.50 Resistance: 80.50