Brent Crude Oil recently broke through the support area lying between the support levels 60.00 and 57.00, 61.8% Fibonacci correction of the previous weekly upward impulse from the middle of 2017 and the weekly support trendline from the start of 2016.
The breakout of this support area accelerated the active downward impulse wave ③ which belongs to the sharp downward impulse sequence III from September.
Brent Crude Oil is expected to fall further and re-test the next support levels 55.00 and 50.00.
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
