Brent: the price to tend to a new range. Technical analysis as of 07.06.2016.

Forex analytics: Review and evolution Against a backdrop of fundamental factors, Brent oil price has grown by around 1USD/bbl since the beginning of the month.Owing to supply outages in a number of regions, the price almost grew to 10-month peaks at about 50.70 (61.8% Fibonacci retracement to a decline from 65.30 to the troughs of the year 2016 at 27.05). Our opinion Should the price continue to grow to over ...