CM Trade

Download APP to receive bonus


Brent (ICE) (Z3) ST: bullish bias above 87.50.


Pivot: 87.50

Our preference: long positions above 87.50 with targets at 95.00 & 99.00 in extension.

Alternative scenario: below 87.50 look for further downside with 85.20 & 82.00 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

102.00 **

99.00 ***

95.00 ***

90.31 Last

87.50 ***

85.20 ***

82.00 ***

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar