BRENT

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BRENT

While oil futures have been drawing attention with their rising marathon for a while, the losses seen since Friday have the potential to be limited for now with the increase in attacks on ships in the Red Sea from Yemen. The course of European and US stock exchanges can be followed during the day. In general, an upward trend is seen. Brent oil saw a high of 85.39 and a low of 84.05 on the previous trading day. Brent oil, which followed a selling course on the last trading day, lost 0.68% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 57.25, while its momentum is at 107.45. The 85.59 level can be followed in intraday upward movements. If this level is exceeded, the 86.13, 86.93 resistances may become important. In possible pullbacks, 84.78, 84.25 and 82.44 will be monitored as support levels. Support: 84.78 – 84.25 Resistance: 85.59 – 86.13