BRENT

Although oil futures started the week with a limited increase along with the Middle East agenda, we saw that pricing was balanced after the opening with the inclusion of ongoing concerns about Chinese demand. Following the attack on the Israeli-occupied Golan Heights, concerns that the conflict environment may expand have come to the fore again. The course of European and US stock markets can be followed during the day. In general, a downward trend is seen. Brent oil saw a high of 82.70 and a low of 80.43 on the previous trading day. Brent oil, which followed a selling trend on the last trading day, lost 2.23% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 33.78, while its momentum is at 93.87. The 82.29 level can be followed in intraday upward movements. If this level is exceeded, the 83.15 and 83.91 resistances may become important. In possible pullbacks, 80.88 and 79.61 will be monitored as support levels. Support: 80.88 – 79.61 Resistance: 82.29 – 83.15