BRENT

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BRENT

In addition to the attacks on ships in the Red Sea from Yemen, Russia's accusation of the US after the missile attack on Crimea increased the perception of geopolitical risk and was effective in the oil prices continuing their gains. The course of the European and US stock markets can be followed during the day. The stock figures to be announced by the American Petroleum Institute will be followed tonight. In general, an upward trend is seen. Brent oil saw a high of 86.32 and a low of 84.97 on the previous trading day. Brent oil, which followed a buying course on the last trading day, gained 1.13% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 60.77, while its momentum is at 106.86. The 85.85 level can be followed in intraday downward movements. In case of falling below this level, the supports of 85.39, 84.50 and 84.04 may become important. In possible increases, 86.74, 87.21 and 88.10 will be monitored as resistance levels. Support: 85.85 - 85.39 Resistance: 86.74 - 87.21