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Brent Intraday: under pressure.
Brent (UKOIL)
-4.91-4.89%
short positions below 99.00 with targets at 94.10 & 92.30 in extension.
Pivot: 99.00
Our preference: short positions below 99.00 with targets at 94.10 & 92.30 in extension.
Alternative scenario: above 99.00 look for further upside with 101.30 & 102.70 as targets.
Comment: a break below 94.10 would trigger a drop towards 92.30.
Supports and resistances:
102.70 **
101.30 **
99.00 ***
94.54 Last
94.10 ***
92.30 ***
90.00 **
Our preference: short positions below 99.00 with targets at 94.10 & 92.30 in extension.
Alternative scenario: above 99.00 look for further upside with 101.30 & 102.70 as targets.
Comment: a break below 94.10 would trigger a drop towards 92.30.
Supports and resistances:
102.70 **
101.30 **
99.00 ***
94.54 Last
94.10 ***
92.30 ***
90.00 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
