BRENT crude oil forecast on on December 11 — 15, 2017


Quotes of BRENT crude oil close the trading week near the area of $ ​​63.02 per barrel. It is worth waiting for an attempt to test the level of 65 and the beginning of the fall in the support area at $ 57 per barrel. An additional signal in favor of falling oil quotations is the resistance line test on the indicator of relative strength index (RSI).

BRENT crude oil forecast on on December 11 — 15, 2017

The cancellation of the variant of falling quotes and prices for BRENT oil in the current trading week will be the breakdown of area 66, which will indicate the continued growth of oil with a test of $ 70 per barrel. Expect to accelerate the fall is with the breakdown of the lower boundary of the channel and closing below the level of 61.00.

BRENT crude oil forecast on on December 11 — 15, 2017

BRENT crude oil forecast on on December 11 — 15, 2017 assumes an attempt to test the level of 65, from where it is expected to start the fall of oil, an additional signal in favor of the oil price decline is the resistance line test on the relative strength indicator index (RSI), the cancellation of the fall will be strong growth and breakdown area 66.


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