Analytics and forecast BRENT oil prices on May 30, 2017


Quotes of BRENT crude oil continue to move in the fall. At the moment, there is a potential for continued decline in oil quotations. In favor of the drop is a rebound from the upper limit of the descending channel, as well as the formation of the reversal forex pattern «Head and Shoulders».

Analytics and forecast BRENT oil prices on May 30, 2017

Expect the acceleration of the fall in quotations BRENT is with the breakdown of the area 51 dollars per barrel. Cancellation of the fall option will be strong growth and breakdown of the region 54 dollars per barrel, indicating that the continued growth of oil.

Analytics and forecast BRENT oil prices on May 30, 2017

Analytics and forecast BRENT oil prices on May 30, 2017 presupposes an attempt to continue the decline as part of the development of the reversal model with the potential to fall below the region of $ 47 per barrel, the breakdown of the oblast will be a cancellation.


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