| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The international benchmark for crude oil price Brent has surged by 13.12% since the beginning of January. The commodity breached the $57 mark during last week's trading sessions.
All things being equal, the BRENT.CMD/USD exchange rate could continue to trend bullish during the following trading sessions. Bullish traders are likely to target the $60 level.
Though, a resistance line at the 57.30 area could provide resistance for bulls within this week's trading sessions.