On Thursday, oil prices rose on the order of 1%, increasing the profit of the previous session after the publication of the report, pointed out the reduction of stocks of "black gold" the third consecutive week.
The current situation
is technically short term picture is moderately bullish. On Thursday, the price continued to rise above the level of 46.50. Quotes of Brent is now trying to overcome the 47.50 to continue to grow. Tool tested the 200 EMA and left behind 50 EMA and 100 EMA. 200 EMA nap ravlena up the 100 EMA and the 50 EMA are declining. Resistance is located at 48.50 and support -. To 47.50 dollars per barrel
MACD entered into positive territory, which indicates strengthening Posey tions buyers. RSI is approaching overbought territory.
most likely scenario - the further upward movement to the level of 47.50. The short-term pullback to the 46.50 mark as possible.
Based on materials from Fort Financial Services