| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
During last week trading sessions, the Brent crude oil prices appreciated by 7.05% in value. The exchange rate breached a resistance level formed by the weekly R1 at 63.79.
Everything being equal, the BRENT.CMD/USD will most likely continue its upward movement during the following trading sessions. The possible target will be at the 66.77 area.
A potential downside reversal could occur from the 66.77 area, which is the weekly R1 and the monthly R2 during the following trading sessions.