BRENT CRUDE OIL
BRENT CRUDE OIL
- USD (-)
- 10 min delayed data - NYMEX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: BRN
ISIN:

BRENT CRUDE OIL - Brent (ICE) (X4) MT: under pressure - 09/17/2014 (GMT)

  • 414
  • 0
  • Chart + Price target(s)

  • Target : Lower
  • |
  • Target 1 : 93,8
  • |
  • Target 2 : 90,8
  • |
  • Invalidation threshold : 103

  • Timeframe : Daily

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Our preference: Short positions below 103 with targets @ 93.8 & 90.8 in extension.
Alternative scenario: Above 103 look for further upside with 107 & 110.9 as targets.
Comment: Technically the RSI is below its neutrality area at 50. The declining 50-day moving average maintains downside pressure.
This member did not declare if he had a position on this financial instrument or a related financial instrument.

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