Brent crude OIL is trading at $ 53.13 per barrel. Brent crude continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in oil. It is expected to test the area of signal lines near the level of 52.30, from which one should expect an attempt to grow and develop the bullish trend for Petroleum Brent in order to increase the level of 53.90.
Ichimoku Forecast Brent crude Oil on April 3, 2017
Earlier, we received a weak signal for purchases of Brent Oil, due to the crossing of the signal lines at the level of 51.00. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 50.50, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations Brent oil is worth a breakdown of the local maximum area at the level of 52.60.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
