Forecast BRENT oil prices October 24, 2016 — October 28, 2016


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Quotes BRENT crude oil finished the trading week near the level of $ 51 per barrel. At the moment, preserved potential for a fall in quotations and prices for oil Brent to below $ 42 a barrel from a continuation of the downward trend in the rebound from the resistance line on the indicator of relative strength. We continue to hold the sale of oil from a close table and ready to build short positions as far as reducing the development.

Forecast BRENT oil prices October 24, 2016 — October 28, 2016

Forecast BRENT oil prices October 24, 2016 — October 28, 2016

Cancellation option will be a strong increase in oil prices in the next trading week above the level of 55 dollars per barrel.

Forecast BRENT oil prices October 24, 2016 — October 28, 2016 suggests an attempt to continue the fall of Brent oil to below $ 42 per barrel in the rebound from the resistance area on the indicator of relative strength.


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