BRENT

In addition to the tension between Israel and Egypt, another ship attack in the Red Sea increased geopolitical risk sensitivity and pulled oil futures contracts up. The course of European and US stock markets and the stock figures to be announced by the American Petroleum Institute can be followed during the day. In general, an upward trend is seen. Brent oil saw a high of 84.42 and a low of 82.77 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 1.74% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 52.46, while its momentum is at 102.18. The 83.83 level can be followed in intraday downward movements. If this level is dropped, the supports of 83.24, 82.18 and 81.59 may become important. In possible increases, 84.90, 85.49 and 86.55 will be monitored as resistance levels. Support: 83.83 – 83.24 Resistance: 84.90 – 85.49