technical articles

brn-analysis

Technical Analysis of Brent Oil – 30th dec to 3rd jan

Technical Analysis of Brent Oil – 30th dec to 3rd jan

Brent Crude Oil Technical Analysis – Daily Timeframe Daily Timeframe Analysis Brent crude oil continues to oscillate within its range, as it has in recent weeks, and it remains to be seen which direction it will ultimately break. Primary Scenario: If Brent surpasses the resistance at $74.739, it could move toward the next target at $76.596. Alternative Scenario: If the primary scenario does not materialize and Brent breaks below the support at $71.129, it is expected to drop further to the next support at $69.079. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe Primary Scenario: A breakout above $74.739 will

read more
Technical Analysis of Brent Oil – 23th to 27th dec

Technical Analysis of Brent Oil – 23th to 27th dec

Brent Crude Oil Technical Analysis – Daily Timeframe In the past week, Bitcoin initially broke out of its trading range ceiling at around $104,000 and moved up to the $108,000 area, from which it experienced a significant decline, continuing down to the $92,200 area. Main Scenario: It is expected that Bitcoin will experience a period of range-bound fluctuations. Given the overall upward trend, if it surpasses the $108,000 area, the outlook is for new highs. Alternative Scenario: If the decline continues and it breaks and stabilizes below the $90,500 to $92,200 area, Bitcoin could see the next low at $85,000.  

read more
Technical Analysis of Brent Oil – 16th to 20th dec

Technical Analysis of Brent Oil – 16th to 20th dec

Brent Crude Oil Technical Analysis – Daily Timeframe In the past week, Brent crude oil increased by 4.45% from the low of $71.129, reaching the first resistance level. We need to see what happens in the coming week. Main Scenario: If it breaks and stabilizes above the $74.570 area, the next targets will be $76.596 and then $81.683. Alternative Scenario: If it fails to stabilize and reverses from the current area, the first support is at $71.129. If this area is broken, the next targets will be $69.079 and then $66.473. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe Given

read more
Technical Analysis of Brent Oil – 9th to 13th dec

Technical Analysis of Brent Oil – 9th to 13th dec

Brent Crude Oil Technical Analysis – Daily Timeframe Brent oil is still within its range and has recently reached its dynamic and static support levels. Given the formation of lower highs, the probability of further decline is high.Main Scenario: If the key support level at 70.923 is broken, the price may first reach the 69.079 zone and then 66.473.Alternative Scenario: If the price rebounds from the current level and breaks above the 74.551 resistance, it could first reach 76.56, and after breaking that level, it could rise to the 81.686 zone. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe Considering

read more
Technical Analysis of Brent Oil – 2nd to 6th dec

Technical Analysis of Brent Oil – 2nd to 6th dec

Brent Crude Oil Technical Analysis – Daily Timeframe The Dow Jones continues to find higher levels, challenging traders who are attempting to take short positions. For the second time this week, the index reached above the 45,000 mark, and it seems the price has not yet reached overbought territory, making short trades risky. Main Scenario:Consider buying positions during corrections in the 43,574–43,262 range with targets at 45,455 and 47,907. Alternative Scenario:If the price breaks the 43,866 range, a price decline towards 42,938 and 41,878 could follow. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe Main Scenario:The price has reached the

read more
Technical Analysis of Brent Oil – 25th to 29th nov

Technical Analysis of Brent Oil – 25th to 29th nov

Brent Crude Oil Technical Analysis – Daily Timeframe Oil prices increased significantly last week. Brent crude prices reached $74.8 per barrel on Friday, up nearly 5% since the start of the week. However, the price is still within a range. For the upcoming week, two scenarios are likely: Main Scenario: If the price breaks and stabilizes above $76.235, it will rise towards the 80.905 level. Alternative Scenario: Sell positions can be considered from price corrections around 76.110, targeting 70.275 and 68.455. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe Main Scenario: Sell positions can be taken from price corrections at

read more
Technical Analysis of Brent Oil – 18th to 22th nov

Technical Analysis of Brent Oil – 18th to 22th nov

Brent Crude Oil Technical Analysis – Daily Timeframe Main Scenario: Consider short positions from corrections below the 76.20 level, targeting 68.65 – 64.49.Alternative Scenario: A breakout and stabilization above the 76.20 level will allow prices to continue rising towards the 79.75 – 83.20 levels. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe Main Scenario: We anticipate a price decline towards the 69.87 range. If the price fails to stabilize below this level, an increase to the 74.18 zone is likely.Alternative Scenario: If the price does not stabilize below the 70.23 level, the upward movement may extend to the 76.20 zone.

read more
Technical Analysis of Brent Oil – 11th to 15th nov

Technical Analysis of Brent Oil – 11th to 15th nov

Brent Crude Oil Technical Analysis – Daily Timeframe Main Scenario: If the price breaks and stabilizes above 76.105, the price is likely to continue rising toward 79.50.Alternative Scenario: If the resistance at 76.064 holds, the price may decline toward the 68.425 range. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe The price is currently within a range-bound consolidation. A divergence at the top of the range indicates two possible scenarios: Main Scenario: We expect a price decline toward 71.760. If confirmation is received, a buying position could be considered targeting 76.847.Alternative Scenario: If the price rises to the top of

read more
Technical Analysis of Brent Oil - 28th oct to 1st nov

Technical Analysis of Brent Oil – 4th to 8st nov

Brent Crude Oil Technical Analysis – Daily Timeframe Last week, Brent Oil traded within the range of 73.806 – 74.821. Two scenarios exist here: Main Scenario: If the 76.115 level is broken, there is a possibility of price increasing to 81.612. Alternative Scenario: If the 70.286 level is broken, a decline to around 65.788 is likely. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe In the 4-hour time frame, the oil is in a descending channel, and after hitting the ceiling of the channel, a price decline to around 69.5 is probable. If the price drops to around 69.8, buying

read more
Technical Analysis of Brent Oil - 28th oct to 1st nov

Technical Analysis of Brent Oil – 28th oct to 1st nov

Brent Crude Oil Technical Analysis – Daily Timeframe Brent oil is in a downward channel and below the 200-day moving average. Main Scenario:If the price can stabilize above 80.695, we expect it to increase to the upper boundary of the downward channel, around 87.430. Alternative Scenario:Price could decline to 68.059 and then rise again to 79.200. Technical Analysis of Brent Crude Oil – 4-Hour Timeframe Price increases to the areas of 78.437 and 81.585 are likely. If the price breaks and stabilizes above 80.853, the next target for buy trades would be 83.024.The red zones marked are valuable areas for entering

read more