BRENT forecast crude oil prices on May 9, 2017


Quotes of BRENT oil continue to move within the framework of the development of the upward correction and at the moment it is necessary to expect a tight test of the resistance area and the continuation of falling quotations in the area below the level of $ 47 per barrel.

BRENT forecast crude oil prices on May 9, 2017

In favor of the fall is also a resistance test on the indicator of relative strength. Cancellation of the variant of falling quotations and oil prices will be a strong growth and breakdown of the region of $ 50.50 per barrel, which will indicate the continued growth in oil quotations. Expect to accelerate the decline of BRENT is with the breakdown of the area of $ 49 per barrel.

BRENT forecast crude oil prices on May 9, 2017

BRENT forecast crude oil prices on May 9, 2017 involves an attempt to test the resistance area and continue falling quotations and oil prices in the area below the level of $ 47 per barrel, the cancellation will be a breakdown of the region of $ 50.50.


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