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 oil prices continuing their gains. Crude Oil stock figures will be monitored during the day. In general, an upward trend is seen. Brent oil saw a high of 85.38 and a low of 83.96 on the previous trading day. Brent oil, which followed a selling trend on the last trading day, lost 1.33% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 54.98, while its momentum is at 106.02. The 85.83 level can be followed in intraday upward movements. If this level is exceeded, the 86.33 and 86.95 resistances may become important. In possible pullbacks, 84.61, 84.08 and 83.19 will be monitored as support levels. Support: 84.61 – 84.08 Resistance: 85.83 – 86.33