Analysis and forecast of oil prices on August 26, 2016


Quotes BRENT crude oil after a slight growth showed a fall and currently traded at $ 49.15 a barrel. Now there is the potential for the field test 51 dollars per barrel, but in the case of the breakdown region 49 dollars is expected to start turning BRENT quotations to potential target drop in oil prices to below $ 40 a barrel as part of a large mining forex model 5-0.

Analysis and forecast of oil prices on August 26, 2016

Analysis and forecast of oil prices on August 26, 2016

Cancellation option this fall will be a strong growth area and the breakdown of $ 52 that will point to a continuation of the upward movement.

Analysis and forecast of oil prices on August 26, 2016 suggests an attempt to increase the upper limit of the downward channel, but in the case of falling prices of oil below $ 49 region, is expected to continue falling.


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