BRENT

The US Energy Information Administration's announcement of a 1.8 million barrel increase in stocks suppressed the recovery effort created by expectations of a decrease in stocks, pulling oil futures contracts down even further. The course of European and US stock exchanges can be followed during the day. It is seen that there is a general downward trend. Brent oil saw a high of 82.52 and a low of 81.44 on the previous trading day. Brent oil, which followed a selling course on the last trading day, lost 1.2% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 35.01, while its momentum is at 97.69. The 81.80 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 82.16, 82.88 and 83.24 may become important. In case of possible pullbacks, 81.09, 80.72 and 80.01 will be monitored as support levels. Support: 81.09 – 80.72 Resistance: 82.16 – 82.88