BRENT

BRENT

Oil futures contracts have been following a more stable course after the high tensions in the Middle East until last week, and have increased their gains to some extent. However, Israel's focus on Gaza is still keeping tensions high. This is also one of the factors supporting the rise. The course of European and US stock exchanges and the data flow on the US side can be followed during the day. As long as the pricing remains at and below the 86.50 - 87.00 resistance in the upcoming period, a downward trend may be at the forefront. In possible declines, 86.00 and 85.50 levels can be targeted. As long as the 86.50 - 87.00 resistance remains current in possible recoveries, new downward potential may occur. Therefore, it may be necessary to see 4-hour closings above 87.00 for the continuation of the upward desire. In this case, 87.50 and 88.00 levels may be on the agenda. Support: 87.00 - 86.50 Resistance: 87.50 - 88.00