Brent prediction & technical analysis on October 31, 2017


Quotes of BRENT crude oil continue to move in line with growth. At this point, you should expect a test of $ 61 a barrel and an attempt to reduce to the support area. In favor of falling quotes and prices for oil BRENT will break the support line on the indicator of relative strength index (RSI).

Brent prediction & technical analysis on October 31, 2017

Expect to accelerate the fall of quotations is with a breakdown level of 58.50 dollars per barrel. The abolition of the fall in oil prices will be a strong growth and a breakdown of the level of 61.50 dollars per barrel, which will indicate the continued growth of BRENT above the level of 63.

Brent prediction & technical analysis on October 31, 2017

Brent prediction & technical analysis on October 31, 2017 suggests an attempt to drop quotations and oil prices in the support area at $ 58 per barrel, in favor of the decline will break the trend line on the indicator of relative strength index (RSI), the abolition of the fall version will break through the level of 61.50, indicating that the growth of quotations BRENT above the level of 63.


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