Brent: strong support level of 44.00. Technical analysis of 04.05.2016.

Forex analytics: Review and dynamicsDespite sharp decline, which started since the beginning of the month, the price of crude oil Brent remains in the upward channel with the upper limit above the level of 48.40 USD. After reaching new 5-month highs above the level of 48.00 USD per barrels the price fell below support level of 46.20 (Fibonacci 50% to the decline since June 2015 and the level of 65.30 to the ...