BRENT

With the recent decline in US crude oil inventories and the strengthening of expectations that the Fed will cut interest rates this year, oil prices have shown some recovery. The course of US stock markets can be followed throughout the day. . It is seen that there is a general downtrend. Brent oil saw a high of 83.47 and a low of 82.05 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 0.58% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 41.38, while its momentum is at 96.80. The 82.89 level can be followed in intraday downward movements. If this level is broken, the supports at 82.31, 81.47 and 80.89 may become important. In possible increases, 83.74, 84.32 and 85.16 will be monitored as resistance levels. Support: 82.89 – 82.31 Resistance: 83.74 – 84.32