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UK Brent 4H : Under sell pressure UK Brent Oil New forecast The price of Brent crude futures rose yesterday and reached 83.80, and found strong resistance there, showing some bearish tendency, waiting to stimulate the price to resume the expected bearish trend for the coming period, noting that crossing the 81.35 level will extend the bearish wave to reach the 80.00 and 78.87 areas. Therefore the downward scenario will be remain valid and effective supported by moving average 50 that is continue support the price to decline ,taking into account that stability above 83.80 will stop the expected decline and put pressure on the price to rise up. The expected trading range for today is between support 80.00 and resistance 83.80. Be careful because of the war between Palestine and Israel, we may witness unexpected movements . Additionally ,Today News will affect the market . support line : 81.35 , 80.00 resistance line : 83.17 , 83.80 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
13
UK Brent Oil 4H : Downtrend UK Brent Oil New forecast The price of Brent crude futures continued to rise in the past sessions to approach the 83.17 barrier, as the price is testing this support, and therefore, breaking the 81.34 support will activate the negative impact and push the price to resume the downward corrective trend, heading towards visiting the 80.00 and 78.87 areas in the near term. Therefore, we expect to witness further decline during the coming sessions, supported by the negativity of the technical indicators, taking into account that the consolidation above 83.80 level it will postponed the negative trend and support the price to rise up . so no it possible to retest to 83.17 and the dropping . The expected trading range for today is between support 80.00 and resistance 83.17. Be careful because of the war between Palestine and Israel, we may witness unexpected movements . Additionally ,Today News will affect the market . support line : 80.00 , 78.29 resistance line : 81.35 , 83.17 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
4
UK Brent Oil 4H : Under sell pressure UK OIL New forecast The price of Brent crude futures faced strong negative pressure to break the level of 86.68 and closed the daily candle below it, heading towards achieving an expected decline during the coming sessions, targeting targets at 84.50, and by breaking it, it will reach 83.80 as a main negative station. Therefore, a bearish bias will be expected for today, supported by the negative pressure formed by the 50 moving average, noting that breaching 87.10 and holding above it will stop the current negative pressure and push the price to recover again. The expected trading range for today is between support 84.50 and resistance 87.10. Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 84.50 , 83.80 resistance line : 87.10 , 88.38 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
8
UK Brent Oil 4H :Support further decline UK BRENT OIL New forecast The price of Brent crude futures traded with strong negativity yesterday, succeeding stably without support at 86.93. We note that the price broke this level and closed the daily candle below it, heading towards achieving a further decline, with its next target reaching 85.14 level, by breaching this level will open the door against our targets at first will reach to 84.50 level ,it will extend to 83.80 . Therefore, the downward trend scenario will remain valid during the coming period, supported by the negative pressure formed by the moving average 50, taking into account that stabilized above 86.93 will lead the price to begin recovery attempts and achieve gains and postponed the bearish waves. The expected trading range for today is between support 83.80 and resistance 86.93 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 85.14 ,83.50 resistance line : 86.93 , 88.36 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
6
UK Brent Oil 4H :New forecast UK BRENT OIL New forecast The price of Brent crude futures suffered strong losses yesterday, as it approached the expected correction level at 86.93, awaiting for the price to be stimulated to resume the upward trend. Therefore now the price forced us to wait for to select the coming tendency ,where stabilized above 86.93 will be resuming the bullish waves again to reach 88.38 , on the other hand stability under 86.93 will putting the price under sell pressure to continue at the negative correction to reach 85.32 and then will rise up . The expected trading range for today is between support 85.32 and resistance 88.36 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 85.32 84.49 resistance line : 86.93 , 88.36 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILLong
by Arazmajeed
2
UK Brent Oil 4H :Retest and then rise upUK BRENT OIL New forecast The price perfectly fulfills my last idea and reached to our first target +285 pip . The price of Brent crude oil contracts has made new attempts to penetrate the 89.55 level and is finding it difficult to exceed it, waiting for a strong positive incentive that will contribute to pushing the price to exceed this level and confirm the opening of the way for a rush towards our new positive targets that start at 91.00 and extend to 92.52. Therefore, the emerging scenario will remain valid and effective due to the poor situation between Israel and Palestine. keeping in mind stability above 89.55 represents a preliminary condition for the continuation of the expected rise, as trading under that area it will put pressure on the price to decline again to the previously broken level 86.93 so now it is possible to do a negative correction and then we will see bullish waves . The expected trading range for today is between support 86.93 and resistance 89.55 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 86.93 , 85.32 resistance line : 88.38 , 89.55 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILLong
by Arazmajeed
UK Brent Oil 4H :under 88.38 will be bearish UK OIL New forecast The price of Brent crude futures approached our expected negative target at 85.32 and rebounded sharply to penetrate the 88.38 level and stabilize around it, which prompts the price to try to stop the downward correction that is dominating recent trading. Therefore, we expect to witness further decline during the coming sessions, but on the condition that the price continues below 88.38 to reach 86.93 again, and by breaking it, it will reach 85.32, taking into account that consolidation above 89.55 will put pressure on the price to continue positive trading and head to visit the 91.00 areas in a way Main. The expected trading range for today is between support 85.32 and resistance 89.55 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 86.93 , 85.32 resistance line : 88.38 , 89.55 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
11
UK Brent Oil 4H : wait for confirmation and then sell itUK BRENT OIL New forecast The price perfectly fulfills my last idea and price reached to our second target +230 pip . The price of Brent crude oil futures is trading negatively now, putting pressure on the 88.38 level, reinforcing expectations of a continuation of the downward trend for the rest of the day, paving the way for heading towards our negative targets, which begin with a break and stability below the 88.38 level to reach 86.93 and extend to 85.32. The 50 moving average supports the expected downward trend, which will remain in place provided that a break of the 88.38 level is confirmed and consolidation below it. The expected trading range for today is between support 86.93 and resistance 91.00 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 88.38 , 86.93 resistance line : 89.55 , 91.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
UK Brent Oil 4H :New forecast UK BRENT New forecast The price of Brent crude futures opened today's trading with a strong decline, breaking the support of the ascending channel and settling below it, which may put pressure on the price to conduct a new downward correction. Its targets begin by testing the 91.00 level and extend to 89.55 after breaking the previous level. On the other hand, we notice that the price stops at the support of an ascending secondary channel shown in the image, and the moving average 50 meets at this support to add more strength to it, which may contribute to pushing the price to return to the main ascending path again .so stability above 92.52 postponed the bearish attempts . The expected trading range for today is between support 91.00 and resistance 92.52 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 91.00 , 89.55 resistance line : 92.52 , 94.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
UK Brent OIL 4H : try to retest and then rise UKOIL New forecast The price perfectly fulfills my last idea and price reached our second target + 300 pip . The price of Brent crude futures traded strongly positively yesterday, breaching the 92.52 level and confirming a return to the ascending channel once again, reactivating the positive scenario and heading towards achieving positive targets starting at 95.00 and then 96.00. The 50 moving average supports the price from below to reinforce the continuation of the suggested upward trend, which will remain in effect provided that the price maintains its stability above the 92.52 level.also its possible to retest to 92.52 and then rise up again . The expected trading range for today is between support 92.52 and resistance 95.00 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 92.52 , 91.00 resistance line : 94.00 , 95.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILLong
by Arazmajeed
UK Brent Oil 4H : failure to stable at the bullish channelUK BRENT OIL New forecast The price of Brent crude oil contracts was not able to hold for long above the support of the ascending channel, trading negatively and heading towards a possible test of the pivotal support 89.55. The conflict between technical factors makes us prefer to remain neutral until we get a clearer signal for the next trend, noting that breaking support 89.55 is the key to resuming the downward correction and achieving negative targets starting at 88.38 and extending to 86.93 in the near term .but if price failure to breach the support 89.55 and stabilized under it then the price will try to rise up and start a correction to 91.00. The expected trading range for today is between support 89.55 and resistance 91.00 until breaching one of them . Additionally ,Today News will affect the market . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 89.55 , 88.38 resistance line : 91.00 , 92.52 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOIL
by Arazmajeed
4
UK Brent Oil 4H : head to our second goal UK BRENT OIL New forecast The price perfectly fulfills my last idea and price reached to our first target + 60 pip and waiting for second target . The price of Brent crude oil contracts was able to touch our first positive, expected target at 91.00, and attempts are being made to return to the main ascending channel, heading towards achieving more expected gains in the immediate and short term, on its way to visiting levels of 92.52 and then 94.00 as next positive stations. Therefore, we expect the upward trend to continue during the coming sessions, keeping in mind that stability above 88.36 represents an important condition for achieving the proposed goals, so now its possible to formed a correction to near 88.36 and then rise up . The expected trading range for today is between support 88.36 and resistance 91.00 until breaching one of them . Additionally ,Today News will affect the market . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 89.52 , 88.36 resistance line : 91.00 , 92.52 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILLong
by Arazmajeed
4
UK Brent Oil 4H : try to rise up UK BRENT OIL New forecast The price perfectly fulfills my last idea and price reached to our target +144 pip . The price of Brent crude oil contracts achieved a strong breach to the level of 88.36 to reach the pivotal resistance level of 89.52 now, stopping the negative scenario and heading towards returning to the main bullish trend, noting that breaching the aforementioned resistance will push the price to achieve further gains that reach 91.01 and then 92.52. Therefore, we expect to witness more upward bias during the coming sessions unless the 88.36 level is broken and holds below it. The expected trading range for today is between support 88.36 and resistance 89.52 until breaching one of them . Additionally ,Today News will affect the market . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 88.36 , 86.93 resistance line : 89.52 , 91.01 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILLong
by Arazmajeed
UK Brent Oil 4H : Under 86.93 Downtrend UK Brent Oil New forecast The price of Brent crude futures continues to move on a sideways path, and settles below the resistance at 89.45, which is putting negative pressure on the price, waiting for the resumption of the bearish tendency to test the level of 86.93, which represents our next main target, remembering that exceeding this level will push the price towards M at 84.83 and 83.80. On the other hand, we point out that breaching 89.52 will stop the current bearish correction and push the price to try to return to the main upward path again. The expected trading range for today is between support 88.63 and resistance 86.93 until breaching one of them . Additionally ,Today News will affect the market . support line : 86.93 , 84.83 resistance line : 88.36 , 89.52 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
2