The price of Brent crude oil faced downward pressure, dipping below the $85 threshold, signaling a continuation of the bearish trend anticipated in upcoming sessions. Analysts foresee potential for further…
Brent Oil Price
-
-
Brent crude oil has encountered significant downward pressure in recent trading sessions, culminating in the formation of a rising wedge pattern evident on the charts. The breach of the crucial…
-
Brent crude oil prices attempted to break the $85.80 mark but ultimately ended yesterday above it, maintaining the bullish trend for the foreseeable future. The price needs to surpass the…
-
Brent crude oil prices surged past key resistance levels, with a strong rebound from $84.10 propelling it above $85.80. This move has halted the previously suggested bearish outlook, signaling a…
-
The price of Brent oil closed yesterday below the $85.80 mark, confirming the ongoing bearish trend expected in the upcoming sessions. This drop opens the path for the price to…
-
Brent crude oil has recently hit the anticipated target of $85.80, marking the 23.6% Fibonacci correction level based on the upward movement from $76.95 to $88.53. This milestone signifies a…
-
The Brent oil price concluded the previous week on a notably bearish note, breaching the support line of its bullish channel. This marks the onset of a corrective phase following…
-
Brent oil price continues its consolidation above the $87.67 level, showing signs of positive trading that support expectations of further increases on an intraday and short-term basis. The anticipated targets…
-
The Brent oil market recently struggled to sustain levels above $87.67, leading to a downturn and testing the $87.00 support mark. Despite this setback, stochastic indicators have shown signs of…
-
Brent crude oil surged significantly yesterday, meeting our anticipated target of $87.67. Analysts foresee further upward momentum, suggesting potential breakthroughs above this level could pave the way for achieving even…