Brent: the pair is at support level of 45.65. Technical analysis for 22.07.2016.

Forex analytics: Review and dynamicsCrude oil Brent has been declining in July. On the daily chart a new descending channel prices has been formed with the lower limit near the level of 44.50. The price is at the strong support levels of 46.20 (Fibonacci 50% and ЕМА200 on the daily chart) and 45.65 (ЕМА144). On 4 hour, daily and weekly charts the indicators OsMA and Stochastic give signals to sell. Our ...