| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The international benchmark for crude oil price Brent has plunged by 14.77% since the beginning of September. The commodity breached the $40 mark on September 14.
Everything being equal, the BRENT.CMD/USD pair could make a brief retracement towards the 100– period simple moving average at 43.15 during the following trading sessions.
However, a resistance cluster at the 41.50 level could provide resistance for the crude oil price in the shorter term.