Quotes of BRENT oil finished the trading week at $ 55.31 per barrel. Oil prices were able to show strong growth in the last trading week, but at the moment there is a potential for falling quotations in the area below the level of 51 dollars per barrel.
BRENT Forecast crude oil on April 10 — 14, 2017
In favor of the fall is a tight test of the upper boundary of the downward channel, as well as a test of the resistance line on the indicator of relative strength. Abolition of the variant of falling quotations and oil prices will break through the region of $ 57 per barrel, which will indicate the continued growth of oil.
Among the important news that could affect oil prices, it is worth highlighting, Data on crude oil stocks from the US Department of Energy on April 12, 2017.
BRENT Forecast crude oil on April 10 — 14, 2017 suggests an attempt to rebound and fall into the area below the level of 51 dollars per barrel as part of the downward resistance test on the relative strength indicator, the breakdown of the region will be $ 57 per barrel.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
