Tag: brent

Feb 02
Brent Crude Oil Wave Analysis – 2 February 2026

Brent Crude Oil: ⬇️ Sell – Brent Crude Oil reversed from resistance level 69.50 – Likely to fall to support level 64.25 Brent Crude Oil recently reversed from the resistance area located between the pivotal resistance level 69.50 (which has been reversing the price from September), upper daily Bollinger Band and by the 61.8% Fibonacci […]

Jan 28
Brent Crude Oil Wave Analysis – 28 January 2026

Brent Crude Oil: ⬆️ Buy – Brent Crude Oil broke resistance level 66.00 – Likely to rise to resistance level 68.00 Brent Crude Oil recently broke through the resistance area between the resistance level 66.00 (which has been reversing the price from October) and the resistance trendline of the daily down channel from August. The breakout of […]

Aug 22
Brent Crude Oil Wave Analysis – 21 August 2025

Brent Crude Oil: ⬆️ Buy – Brent Crude Oil reversed from support area – Likely to rise to resistance level 68.00 Brent Crude Oil recently reversed from the support area between the support level 66.00 (which has been reversing the price from June) and the lower daily Bollinger Band. The support level 66.00 was further […]

Jun 11
Brent crude oil Wave Analysis – 10 June 2025

Brent crude oil: ⬇️ Sell – Brent crude oil reversed from key resistance level 67.80 – Likely to fall to support level 64.60. Brent crude oil recently reversed down from the resistance area between the key resistance level 67.80 (which stopped wave (2) in the middle of April), upper daily Bollinger Band and the 61.8% […]

May 22
Brent crude oil Wave Analysis – 21 May 2025

Brent crude oil: ⬇️ Sell – Brent crude oil reversed from key resistance level 66.00 – Likely to fall to support level 62.00 Brent crude oil recently reversed down from the key resistance level 66.00, which has been reversing the price from the start of April, as can be seen from the daily Brent crude […]

May 06
Brent Crude Oil Wave Analysis – 5 May 2025

Brent crude oil: ⬆️ Buy – Brent crude oil reversed from support zone – Likely to rise to resistance level 62.00 Brent crude oil recently reversed up sharply from the support zone between the key support level 58.60 (which stopped the previous sharp impulse wave i) and the lower daily Bollinger Band. The upward reversal […]

Nov 22
Brent Crude oil Wave Analysis – 22 November, 2022

• Brent Crude oil reversed from support level 82.00 • Likely to rise to resistance level 91.00 Brent Crude oil recently reversed up from the strong support level 82.00 (which reversed the pair sharply in September), standing below the lower daily Bollinger Band. The upward reversal from the support level 82.00 started created the daily […]

Oct 19
Brent crude oil Wave Analysis – 19 October, 2022

• Brent crude oil reversed from resistance level 95.00 • Likely to fall to support level 86.00 Brent crude oil recently reversed down from the resistance level 95.00 (which has been reversing the price from September), coinciding with the daily down channel from July, upper daily Bollinger Band and the 38.2% Fibonacci correction of the […]

Jul 18
Brent Wave Analysis – 18 July, 2022

• Brent reversed from support area • Likely to rise to resistance level 105.00 Brent crude oil recently reversed up from the support area located between the key support level 95.00 (former monthly low from March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The upward reversal from […]

Jul 18
Oil prices rise 3% .. and Brent crude is near 104 dollars

Oil prices rise 3% .. and Brent crude is near 104 dollars Oil prices rose nearly 3% during Monday’s trading, supported by a weak dollar and tight supplies. Prices continued to gain, offsetting concerns about a recession and the possibility of a widespread coronavirus shutdown in China; Which again led to reduced demand for fuel. […]