01-02-2016 15:32 via liteforex.com

Brent: Oil prices can renew the plunge

Forex analytics: On the daily chart the price has broken down the upper line of the downward channel at the level of 35.50. Although, on the daily chart the indicators OsMA and Stochastic recommend long positions; on the four-hour chart the indicators give signals in favor of the sell positions. Breakdown of the support levels of 34.50 (ЕМА200 on the four-hour chart) and 33.40 (ЕМА144) will trigger the ...
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