Quotes BRENT crude oil continues moving inside the descending channel. At the moment, there is potential for the quotes to continue falling and oil prices below the level of 45.50 dollars per barrel.
Analysis and forecast of oil prices BRENT on September 8, 2016
Cancellation option of falling oil prices tomorrow will be a strong growth area and the breakdown of the upper boundary of the descending channel at a level above 48 dollars per barrel, which will point to the potential growth BRENT quotes above the 52 dollars per barrel. Also do not forget that in case of rise in oil to above the $ 52 price is a strong potential for further growth of quotations to the level of 55-60.
Analysis and forecast of oil prices BRENT on September 8, 2016 suggests an attempt to continue falling in the framework of the descending pattern 1:1 with the immediate goal to below 45.50 areas.
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