BRENT

Oil futures contracts started the new week with a limited recovery. Despite this recovery, which occurred with Saudi Arabia increasing Asian sales prices and Hamas' rocket attack on Israel, the downward rally that occurred last week with the decrease in Middle East tensions continues to form a trend. The course of European and US stock markets can be followed during the day. It is seen that there is a general downward trend. Brent oil saw a high of 84.21 and a low of 82.68 on the previous trading day. Brent oil, which followed a selling course on the last trading day, lost 1.07% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 32.23, while its momentum is at 95.10. The 83.40 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 83.71, 84.73 and 85.25 may become important. In case of possible pullbacks, 82.18, 81.66 and 80.65 will be monitored as support levels. Support: 82.18 – 81.66 Resistance: 84.73 – 85.25