| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Sell | Sell |
| Stochastic (5; 3) | Buy | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
Due to the recent surge in Brent oil volume on the Swiss Foreign Exchange, a review of the technical situation has been done by Dukascopy analysts. In general the commodity price is set to continue the recovery on various time frames. However, some periods of consolidation might occur.
In regards to the short term, the black gold price has reached the upper trend line of a dominant channel up pattern. However, the angle, at which the junior channel up reached the dominant resistance, suggests that the commodity price might still score additional gains.
Namely, if one looks at the chart, it can be seen that the commodity might gradually surge to the resistance cluster above the 65.00 mark.