BRENT

Oil futures continued to trend upwards while also evaluating the possibility of OPEC+ lifting its decision to gradually reduce production. The course of European and US stock markets and the data flow from the US can be followed during the day. It is seen that there is a general downward trend. Brent oil saw a high of 79.94 and a low of 78.29 on the previous trading day. Brent oil, which followed a buying course on the last trading day, gained 1.69% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 41.01, while its momentum is at 96.81. The 79.34 level can be followed in intraday downward movements. If this level is broken, the supports of 78.75, 77.70 and 77.10 may become important. In possible increases, 80.40, 80.99 and 82.05 will be monitored as resistance levels. Support: 79.34 – 78.75 Resistance: 80.40 – 80.99