WTIUSD

Oil prices, after falling to their lowest levels in about a month and a half due to the decline in Middle East risk and increasing stocks in the US, made a limited recovery attempt in the Asian session. News that Hamas prepared a plan for a temporary ceasefire and planned to send delegates to Egypt for this purpose was effective in this situation. The course of European and US stock exchanges and the data flow on the US side can be followed during the day. A downward trend parallel to Brent oil is also dominant on the WTI side. WTI oil saw its highest level of 79.60 and its lowest level of 78.15 on the previous trading day. The 78.85 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 79.56, 80.30 and 81.00 may become important. In possible pullbacks, 78.11, 77.40 and 76.66 will be monitored as support levels. Support: 78.11 – 77.40 Resistance: 79.56 – 80.30