Analysis and forecast of oil prices BRENT on November 9, 2016


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Quotes BRENT crude oil continue moving downwards and at the moment has the potential to continue falling, as oil prices have failed to show a reversal in the framework of the beginning of the mining model, forex inverted head and shoulders on shorter periods of time.

Analysis and forecast of oil prices BRENT on November 9, 2016

Analysis and forecast of oil prices BRENT on November 9, 2016

Cancel model may indicate a continuation of the reduction with a view to below $ 45 per barrel. We continue to hold the sale of oil and are ready to increase aggressive sales with the development of a fall.

Analysis and forecast of oil prices BRENT on November 9, 2016 suggests an attempt to fall in the rebound from the resistance line on the indicator of relative strength with the immediate goal of below 45, the cancellation option will sample 47.60 area, which point to a continuation of upward correction.

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