Brent: indicators give sell signals. Technical analysis of 06.05.2016.

Forex analytics: Review and dynamics After reaching new highs at the level of 48.40 USD per barrel at the end of April, since the beginning of May as well as with the opening of today’s trading session the price of oil has been decreasing. The price tries to reach strong support level of 44.00 (ЕМА200 on the daily chart). Nevertheless, the price of crude oil Brent remains in the upward channel on the ...