WTIUSD

Oil futures followed a calm course in the US and UK over the weekend as attacks against the Houthis continued. Following the many attacks, the organization announced that there would be counterattacks. The course of European and US stock markets and developments in the Middle East will be monitored during the day. As long as prices remain at and below the 72.50 - 73.00 resistance level, a downward outlook may be at the forefront in the upcoming period. In possible declines, the 72.00 and 71.50 levels may be targeted. As long as possible recoveries are limited to the 72.50 - 73.00 resistance level, a new downward potential may occur. Therefore, it may be necessary to see the course above 73.00 and hourly closings for the continuation of the upward desire. In this case, the 73.50 and 74.00 levels may be on the agenda. As long as prices remain at and below the 72.50 - 73.00 resistance level, a downward outlook may be at the forefront in the upcoming period. Support: 71.50 Resistance: 73.50