Brent Intraday: expect 84.40.
May 8, 2024 23:51
Brent (UKOIL)
0.47+0.56%
long positions above 83.25 with targets at 84.00 & 84.40 in extension.
Pivot: 83.25
Our preference: long positions above 83.25 with targets at 84.00 & 84.40 in extension.
Alternative scenario: below 83.25 look for further downside with 82.80 & 82.45 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
84.80
84.40
84.00
83.77 Last
83.25
82.80
82.45
Our preference: long positions above 83.25 with targets at 84.00 & 84.40 in extension.
Alternative scenario: below 83.25 look for further downside with 82.80 & 82.45 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
84.80
84.40
84.00
83.77 Last
83.25
82.80
82.45
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