WTIUSD

Oil prices started the new day with an increase after the sharp decline that occurred yesterday. Yesterday, the Fed's statement on the one hand, which weakened the possibility of a rate cut in March, and the US's announcement that progress was being made in the ceasefire talks between Israel and Hamas, on the other hand, were effective in the price pullback. As long as the pricing remains below the 76.50 - 77.00 resistance in the upcoming period, a downward outlook may be at the forefront. In possible declines, the 75.50 and 75.00 levels may be targeted. Despite the declines, the price is still within the correction area. Therefore, the risk of an increase is still current. However, as long as possible recoveries are limited by the 76.50 - 77.00 resistance, a new downward potential may occur. Therefore, it may be necessary to see the course above 77.00 and 4-hour closings for the continuation of the upward desire. In this case, the 77.50 and 78.00 levels may come to the agenda. Support: 75.00 Resistance: 77.00