Technical Analysis of Brent

Relevance up to 08:00 2020-07-11 UTC+2 Crude oil fell after a key Libyan oil field resumed production. It threatens to release barrels of oil into the market where demand is already low. Thus, due to this, oil futures in the US fell 3%.The Mesla and Sarir oil fields in eastern Libya resumed produc....

Relevance up to 10:00 2020-03-20 UTC+1 Everyone is wondering these days how long the oil drop could be and when it could start increasing again? Personally, I don't have this answer because the global risk is high amid an unfolding economic crisis.In this article, we'll talk about Brent Oil price ....

Relevance up to 12:00 2020-03-18 UTC+1 Hello, colleagues! Global financial markets are in a state of panic and chaos. Yesterday, the stock market collapsed, and the price of Brent oil fell to the area of $30 per barrel. To increase the liquidity of the global financial system, 5 (five) leading wor....

Chronology These days may seem a little out of order to the oil price in light of the happenings between the US and Iran. This gives more reason to have a fresh look at the chart. But first, let us recollect the logic of the events.  On Friday, the news about the killed Iranian commander Soleimani r...

Sometimes it’s worth analyzing big timeframes in order to get important trading hints. Below you will find some observations from the monthly charts that can provide you with trade ideas. Brent oil fell below 50-month MA that will now act as resistance at 57.00. If the price loses the support of 50....

26.07.2018EURUSDEUR/USD has broken out 1.1717 upwards and is now under pressure. Practically, in the market there still is a possibility of a correction to 1.1800.Today, we expect a new consolidation range with the growth to 1.757 and then with the fall to 1.1717. After that, it may rise 1.1800. Her...