BRNUSD

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BRNUSD

According to the statement made by the Iranian Revolutionary Guard, the assassination of Hamas leader Haniyeh in Tehran and the American Petroleum Institute's announcement of a decrease of approximately 4.5 million barrels in stocks. Stocks have been falling continuously for 4 weeks. In general, there is a recovery supported by the perception of geopolitical risk. The course of European and US stock markets during the day, the official stock figures to be announced by the US Energy Information Administration, Middle East developments, and the Fed's monetary policy statement are among the headlines we will be following. Brent oil, which followed a selling course on the last trading day, lost 0.76% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 30.09, while its momentum is at 92.90. The 80.91 level can be followed in intraday upward movements. If this level is exceeded, the 81.74 and 82.34 resistances may become important. In case of possible pullbacks, 79.89, 79.28 and 78.66 will be monitored as support levels. Support: 79.89 – 79.28 Resistance: 80.91 – 81.74