Analysis and forecast oil prices (BRENT) on February 10, 2017


Quotes BRENT crude oil continues to move in the forex model Triangle and at the moment there is a potential for a drop in prices to the lower boundary of triangle forex pattern for the purpose at a level below the area of $ 54 per barrel.

Analysis and forecast oil prices (BRENT) on February 10, 2017

Break of the support and the lower boundary of the model points to a continuation of the fall to below $ 50 per barrel. In favor of the version of the fall will make a rebound from the field 56 dollars per barrel.

Analysis and forecast oil prices (BRENT) on February 10, 2017

Cancellation option will be the fall of oil quotations and sample the upper limit of the output of oil quotations above the level of 57.50 dollars per barrel.

Analysis and forecast oil prices (BRENT) on February 10, 2017 suggests an attempt to drop to the lower limit of forex triangle patterns on the field below 54 dollars per barrel.


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