BRENT

The unanimous rejection of the ceasefire proposal accepted by Hamas by the Israeli war cabinet and the agreement to attack the city of Rafah have limited the downward movement of oil prices. The course of the European and US stock markets and the developments in the Middle East can be followed during the day. It is seen that there is a general downward trend. Brent oil saw a high of 83.65 and a low of 82.63 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 0.81% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 36.38, while its momentum is at 96.56. The 83.22 level can be followed in intraday downward movements. If this level is dropped, the supports of 82.78, 82.20 and 81.76 may become important. In possible increases, 83.81, 84.24 and 84.83 will be followed as resistance levels. Support: 82.78 – 82.20 Resistance: 83.81 – 84.24