Brent prediction & technical analysis on September 27, 2017


Quotes of BRENT crude oil continue to be traded within the upward momentum. At the moment, we should expect a test of the lower border of the channel near the level of $ 57 per barrel and the continued growth of oil. In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator of relative strength index (RSI).

Brent prediction & technical analysis on September 27, 2017

Expect to accelerate growth is with the breakdown of the level of 59. The cancellation of the growth in oil prices will fall and breakdown of the region $ 56 per barrel, indicating that the continued decline in BRENT below 53.

Brent prediction & technical analysis on September 27, 2017

Brent prediction & technical analysis on September 27, 2017 suggests an attempt to fall to the lower boundary of the bullish channel near the level of 57, where again we should expect a rebound and an increase in oil prices, in favor of oil growth, a test of the support line on the indicator of relative strength index (RSI) will perform.


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