Brent Oil Analysis
Economies.com provides the latest technical analysis of Brent Oil Futures. Through this page you may keep track of any changes in Brent Oil Prices by our live technical updates around the clock. Technical analysis helps you predict the trend of Brent Oil Rates by the use of technical indicators.
Latest Trade
94.18
0.88
0.94%
93.37
93.93
94.29
93.22
Midday update for Brent oil 22-09-2023
1 hour ago
Brent oil price resumes its positive trading to approach our first waited target at 94.80, waiting for more rise to visit the recently recorded high at 96.05 as a next main target.
The EMA50 ...
Brent oil price bounced upwards strongly yesterday after the attempt to break 92.74 level, to reach 94.65 areas, which leads the price to turn to rise and head to resume the main bullish trend again, ...
Midday update for Brent oil 21-09-2023
1 day ago
Brent oil price shows additional negative trades to break 92.74 level and settles below it now, which supports the continuation of the correctional bearish trend domination on the intraday and ...
Brent oil price bounced bearishly after the rise that it witnessed on yesterday’s evening, to reach 92.74 level now, and we suggest surpassing this level to extend the correctional bearish wave ...
Midday update for Brent oil 20-09-2023
2 days ago
Brent oil price resumes its negative trading now, to approach our first waited correctional target at 92.74, and we suggest the continuation of the negative pressure to break this level and open the ...
Brent oil price’s rise stopped at 96.00$ barrier, to rebound downwards clearly and break the intraday bullish channel’s support line that appears on the chart, noticing that the price ...
Midday update for Brent oil 19-09-2023
3 days ago
Brent oil price tests the bullish channel’s resistance now, waiting to breach this resistance to confirm extending the bullish wave and head towards 96.80 that represents our next positive ...
Brent oil price leaned on the bullish channel’s support line again and begins to trade positively by today’s open, to approach the main bullish channel’s resistance at 95.20, ...
Midday update for Brent oil 18-09-2023
4 days ago
Brent oil price shows sideways trades since morning, and as long as the price is above 93.70, our bullish overview will remain valid and active for today, supported by the EMA50 that carries the ...
Brent oil price tested the bullish channel’s support line and bounced bullishly from there, to keep the bullish trend scenario valid and active on the intraday and short-term basis, waiting to ...