Analysis and forecast of oil prices BRENT on November 4, 2016


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Quotes BRENT crude oil continues to trade within the downward movement. At this point formed a bearish 1: 1 in order to fall below the level of 45 dollars per barrel. Cancellation option will be a breakdown of the upper boundary of the channel, which will point to the continued growth of quotations and the price of oil above the level of 49 dollars per barrel.

Analysis and forecast of oil prices BRENT on November 4, 2016

Analysis and forecast of oil prices BRENT on November 4, 2016

We continue to hold the sale of oil and are ready to open a new business in favor of falling oil prices.

Analysis and forecast of oil prices BRENT on November 4, 2016 suggests an attempt working out a quick downward forex model 1:1 in order to fall below the level of 45 dollars per barrel.

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