| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Brent crude oil prices have appreciated about 3.49% in value against the US Dollar since last week's trading session. The pair tested a resistance level at 71.45 during yesterday's session.
Most likely, the BRENT.CMD/USD pair will make a retracement down towards a support cluster formed by the weekly R1 and the 50-hour simple moving average at 69.50 during the following trading sessions.
If the support cluster holds, the community will aim for the 75.80 mark in the nearest future.
Meanwhile, technical indicators flash strong buy signals on the daily time-frame chart.