WTIUSD

Oil prices followed a calm course in the Asian session ahead of the OPEC report to be released today. The course of the European and US stock markets and the stock figures to be announced by the American Petroleum Institute can be followed along with the report during the day. As long as the pricing remains below the 79.00 - 79.50 resistance supported by the 50-period exponential moving averages during the day, a downward outlook may be at the forefront. In possible declines, 78.00 and 77.50 levels may be targeted. In recoveries, as long as the 79.00 - 79.50 resistance remains current, new downward potential may occur. Therefore, it may be necessary to see a course above 79.50 and 4-hour closings for the continuation of the upward demand. In this case, the 80.00 and 80.50 levels may come to the agenda. Support: 78.00 - 77.50 Resistance: 79.50 - 80.00