WTIUSD

Along with the developments over the weekend, oil prices continued their gradual rise. Yesterday, the Iranian President and Foreign Minister lost their lives in a helicopter crash. Ukraine's drone attacks on Russian oil refineries continue. On Saturday, an oil tanker heading to China was attacked by the Houthis. Therefore, we can say that the perception of geopolitical risk is high. The course of European and US stock markets can be followed during the day. As long as the pricing remains at and above the 78.50 - 79.00 support supported by the 13, 20 and 50-period exponential moving averages during the day, an upward trend may be at the forefront. In possible increases, the 80.00 and 80.50 levels can be targeted. In decreases, as long as the 78.50 - 79.00 support remains current, new upward potential may occur. Therefore, it may be necessary to see the course below 78.50 and 4-hour closings for the continuation of the downward desire. In this case, the 78.00 and 77.50 levels may come to the agenda. Support: 79.00 – 78.50 Resistance: 80.00 – 80.50