– Brent reversed from key support level 72.00
– Likely to rise to resistance level 76.00
Brent crude oil recently reversed up from the key support level 72.00 (which stopped the previous waves 5 and (2)).
The upward reversal from the support level 72.00 will form the daily Japanese candlesticks reversal pattern Hammer (strong buy signal for Brent crude oil).
Given the strength of the nearby support level 72.00, Brent crude oil can be expected to rise further toward the next resistance level 76.00.
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
This website uses cookies