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Brent Forecast for June 12, 2024
Brent oil quotes continue to move within the framework of growth development and have left the bearish channel. At the time of publication of the forecast, the price of Brent oil is $81.51 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers of Black Gold and a potential continuation of the fall in the value of the asset from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 82.25 dollars per barrel. Next, a rebound downwards ... (full story)
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- Posted: Jun 11, 2024 10:17pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 184
