Quotes of oil BRENT showed significant growth, but could not break through the region of the upper boundary of the descending channel. To date, the potential is maintained for the quotes to continue falling and oil prices to below $ 46 per barrel.
Analysis and forecast of oil prices BRENT on September 7, 2016
Cancellation option will drop BRENT strong growth and the breakdown region 49 dollars per barrel, which points to continued growth with a view above the level of 52 dollars per barrel, in such a scenario should not expect a reversal of long-term decline in oil prices and the start of the upward movement.
Analysis and forecast of oil prices BRENT on September 7, 2016 suggests an attempt to fall within the framework of the descending pattern of 1:1 in order to reduce the area below 46 dollars per barrel.
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