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Analysis Technical analysis

BRENT 20.01.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 55.532-55.352 and it has a potential to reach the target zone №2 53.732-53.552. The best prices to try to have a short position are the control resistance zone 56.460-56.280. In case of the price is fixed upper the control […]

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Analysis Technical analysis

BRENT 13.01.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 56.146-55.966 and it is going to the target zone №2 57.946-57.766. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 55.532-55.352. In case of the […]

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Analysis Market overview

BRENT overview 05.01.2021

Oil rises on expected output cut. Oil under the bullish pressure today – continuing the multi-month uptrend – after it was reported that the OPEC+ group is studying a possible production cut in February. According to an OPEC document dated Jan. 4, the group is studying a 500,000 barrel per day output cut for February. […]

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Analysis Technical analysis

BRENT 05.01.2021

Medium-term trend: Bearish The bear market is continuing. The price has already reached the target zone №1 51.502-51.322 and it has a potential to reach the target zone №2 49.702-49.522. The best prices to try to have a short position are the control resistance zone 52.546-52.366. In case of the price is fixed upper the […]

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Analysis Technical analysis

BRENT 28.12.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 51.244-51.064 and it is going to the target zone №2 53.044-52.864. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 49.958-49.778. In case of the […]

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Analysis Market overview

BRENT overview 22.12.2020

Oil drops on demand fears. Oil under bearish pressure today – continuing yesterday’s losses – after the discovery of the new coronavirus strain in the United Kingdom rose concerns over demand recovery. This is due to multiple countries abruptly closing borders to UK – which is leading to immediate drop in demand for cross border […]

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Analysis Technical analysis

BRENT 18.12.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 50.452-50.272 and it is going to the target zone №2 52.252-52.072. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 50.045-49.865. In case of the […]

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Analysis Market overview

BRENT overview 15.12.2020

Brent rises above 50$ rises on vaccine optimism. Brent under bullish pressure today as the markets are continuing to look through the immediate economic impact of the tighter lockdowns across Europe and USA and toward the start of the economic recovery in the second half of the next year on hopes the mass vaccination will […]

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Analysis Technical analysis

BRENT 11.12.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 50.452-50.272 and it is going to the target zone №2 52.252-52.072. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 49.147-48.967. In case of the […]

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Analysis Technical analysis

BRENT 03.12.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 48.672-48.472 and it is going to the target zone №2 50.452-50.272. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 47.170-46.990. In case of the […]