BRNUSD

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BRNUSD

Oil futures highlighted an upward trend following news that Iran approved an attack on Israel after the killing of the Hamas leader on its soil. The idea that diplomacy will now be much more difficult to establish after this news of death is predominant. The course of European and US stock markets can be followed during the day. It is seen that there is a general downward trend. Brent oil saw a high of 81.43 and a low of 78.39 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 3.75% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 45.73, while its momentum is at 96.63. The 81.42 level can be followed in intraday downward movements. If this level is broken, supports at 80.40, 78.37 and 77.36 may become important. In possible increases, resistance levels at 83.45, 84.56 and 85.49 will be monitored. Support: 81.42 – 80.40 Resistance: 83.45 – 84.56