BRENT crude oil forecast on September 11 — 15, 2017


Quotes of BRENT crude oil close the trading week near the area of ​​54.59 dollars per barrel. It is worth waiting for an attempt to test the level of 55 and continue falling quotations and oil prices in the area below the level of $ 50 per barrel.

BRENT crude oil forecast on September 11 — 15, 2017

In favor of the drop is the bearish resistance line test on the relative strength indicator (RSI). Canceling the option of lowering quotations and prices for BRENT oil in the current trading week will break through the area of ​​56.50, indicating that the growth will continue with a test of $ 60 per barrel. Expect to accelerate the fall is with the breakdown of the area 53 dollars per barrel.

BRENT crude oil forecast on September 11 — 15, 2017

BRENT crude oil forecast on September 11 — 15, 2017 suggests a rebound from the resistance level of 55 with the potential to reduce the price near the level of $ 50 per barrel, the breakdown of the region will be $ 56.50 per barrel, which will indicate that oil prices continue to grow.


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