BRENT

Oil futures continued to decline during the hurricane process that has lost its effect in the US, and continued its limited decline in the Asian session. The course of European and US stock markets, Fed Chairman Powell's presentation in the Senate and the stock figures to be announced by the American Petroleum Institute can be followed during the day. It is seen that there is a general downward trend. Brent oil saw a high of 86.42 and a low of 85.27 on the previous trading day. Brent oil, which followed a selling trend on the last trading day, lost 1.3% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 54.53, while its momentum is at 100.60. The 86.13 level can be followed in intraday upward movements. If this level is exceeded, the 86.85 and 87.29 resistances may become important. In possible pullbacks, 84.98, 84.54 and 83.82 will be monitored as support levels. Support: 84.98 – 84.54 Resistance: 86.13 – 86.85