BRENT

While oil futures recovered some of the losses incurred yesterday, the American Petroleum Institute's announcement of a 3.1 million barrel decrease in stocks supported this recovery. The course of European and US stock markets, US inflation data and stock figures to be announced by the US Energy Information Administration can be followed during the day. It is seen that there is a general downtrend. Brent oil saw a high of 83.35 and a low of 81.88 on the previous trading day. Brent oil, which followed a selling trend on the last trading day, lost 0.89% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 37.21, while its momentum is at 93.68. The 82.57 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 83.27, 84.05 and 84.74 may become important. In case of possible pullbacks, 81.79, 81.10 and 80.31 will be monitored as support levels. Support: 81.79 – 81.10 Resistance: 83.27 – 84.05