BRENT

Oil futures maintained their upward trend despite being subject to limited profit taking following yesterday's rise. The course of European and US stock markets and the data flow on the US side can be followed during the day. As long as prices remain at and above the 82.50 - 83.00 support, the upward trend may be at the forefront. In general, an upward trend is seen. Brent oil saw a high of 87.32 and a low of 86.27 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 0.51% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 65.70, while its momentum is at 102.93. The 86.61 level can be followed in intraday downward movements. If this level is dropped, the supports of 85.92 and 85.56 may become important. In possible increases, 87.65, 88.01 and 88.69 will be monitored as resistance levels. Support: 86.61 – 85.92 Resistance: 87.65 – 88.01