Get started
CFDs on Brent Crude OilCFDs on Brent Crude OilCFDs on Brent Crude Oil

CFDs on Brent Crude Oil

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

UKOIL trade ideas

Brent Oil Analysis – Inverted Head and Shoulders PatternBrent Oil Analysis – Inverted Head and Shoulders Pattern The chart shows a Head and Shoulders pattern, which is often a sign that the price may change direction. The current price is around 67.35, and if the pattern continues, oil could rise towards the first target at 68.90, and possibly reach the second target at 71.0. If Brent Oil stays above the neckline and momentum increases, we could see a move towards the 71 area. However, keep an eye on volume and any macro headlines that could change sentiment. The peace talks for Ukraine could significantly alter the direction of the price as they progress. Until then, oil remains bullish. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day
TVC:UKOILLong
by KlejdiCuni
4
XBR/USD Chart Analysis: Brent Crude Nears Its Lowest LevelXBR/USD Chart Analysis: Brent Crude Nears Its Lowest Level Since Early Summer According to the XBR/USD chart, this morning (19 August) Brent crude oil price is showing bearish momentum, moving towards its lowest level since early summer (set last week). The key bearish drivers in the market include: → OPEC+ policy aimed at increasing production; → expectations that negotiations to end the war in Ukraine could lead to the lifting of sanctions on Russian oil exports, which would further expand global supply. Technical Analysis of the XBR/USD Chart In our analysis on 5 August, we noted that: → Brent crude had fallen to an important support level (marked in blue), which held throughout July; → a bearish breakout attempt below the blue support line was possible. Indeed, in early August the price confirmed a bearish breakout of the blue line, accompanied by signs of rising volatility – the line subsequently reversed its role from support to resistance (as indicated by the arrows on the left-hand side of the chart). Bears then consolidated their position, continuing to apply pressure and forming a downward channel (shown in red). The question now is whether Brent prices can continue their decline. From a bullish perspective, there are grounds for demand to strengthen around the key support level at $65.00 (as indicated by the arrows on the right-hand side of the chart): → during an attempt to move lower, the chart formed a bullish harami reversal pattern; → this level acted as support following the bearish gap at this week’s market opening; → yesterday’s long lower shadow highlights aggressive buying activity. From a bearish perspective, August’s downtrend remains intact – though it may be losing momentum. Note the RSI indicator, which is gradually leaning towards the 50 level (if bears were still firmly in control, it would remain closer to oversold territory). This suggests that bulls may attempt to seize the initiative and challenge the upper boundary of the descending channel, seeking to offset at least part of Brent’s nearly 10% decline since late July. In this scenario, the $67.40 level – where bears previously demonstrated strong control – could become a critical test of demand resilience. Tomorrow’s key releases could significantly influence price action: crude oil inventories (15:30 GMT+3) and the FOMC minutes (21:00 GMT+3). This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XBRUSD
by FXOpen
1
Oil; War or supply and demandOil is preparing for a strong upward move and is in the buying range marked with blue lines and will move at least to the ceiling range if confirmed. Will the war in the Middle East or US economic policies or supply and demand of OPEC and other producers cause this move? We have to wait and see Stay with me and be profitable Do you have any questions? Ask me in the comments Don't forget to introduce me to your friends so that we can all profit together? What do you have in mind that I should analyze for you? Comment for me.
OANDA:BCOUSDLong
by Hamiratrading
UKOIL H4 | Bullish reversal off pullback supportBased on the H4 chart analysis, we could see the price falling towards the buy entry, which is a pullback support and could potentially bounce from this level to the upside. Buy entry is at 66.57, which is a pullback support. Stop loss is at 65.58, which is a multi-swing low support. Take profit is at 68.81, which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:UKOILLong
by Tradu
Brent Crude consolidation range The Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend. Key resistance is located at 6790, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6790 could confirm the resumption of the downtrend, targeting the next support levels at 6500, followed by 6400 and 6330 over a longer timeframe. Conversely, a decisive breakout and daily close above 6790 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6860, then 6960. Conclusion: The short-term outlook remains bearish unless the pair breaks and holds above 6790. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by TradeNation
UKOIL H4 | Bullish bounce off pullback supportBased on the H4 chart analysis, we could see the price fall to the buy entry which is a pullback support and could bounce from this level to upside. Buy entry is at 66.97, which is a pullback support. Stop loss is at 65.00, which is a swing low support. Take profit is at 70.39, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third
TRADU:UKOILLong
by Tradu
UKOIL H4 | Bullish riseUKOIL is falling towards the buy entry which is a pullback support and could bounce from this level to the upside. Buy entry is at 66.99 Stop loss is at 65.64 Take profit is at 69.79 High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:UKOILLong
by Tradu
Brent Crude Oil Wave Analysis – 21 August 2025 - Brent Crude Oil reversed from support area - Likely to rise to resistance level 68.00 Brent Crude Oil recently reversed from the support area between the support level 66.00 (which has been reversing the price from June) and the lower daily Bollinger Band. The support level 66.00 was further strengthened by the intersecting 61.8% Fibonacci correction level of the previous impulse wave c. Brent Crude Oil can be expected to rise to the next resistance level 68.00, which is the former strong support from July.
BLACKBULL:BRENTLong
by FxProGlobal
Brent Crude Squeeze – Daily Symmetrical Triangle Nears BreakoutBrent Crude has been consolidating within a symmetrical triangle on the daily chart since mid-May, following a strong bullish recovery from $58 lows. Price is now approaching the apex of the structure, suggesting a breakout is imminent. We’re still holding above the higher low trendline support, but resistance at $71.00 remains unbroken. A decisive daily candle close outside this triangle will likely set the tone for the next leg. A bullish breakout above $71.15 could expose $75.00 and eventually $82.00 highs. But if bears take control and break below $67.00 support, $64.00 and $58.00 reopen. 📈 Bias: Neutral short term — Waiting for breakout confirmation. Bullish if price breaks and retests above $71.15. Bearish if we lose $67.00 and structure fails.
ICMARKETS:XBRUSD
by AutoMarkets
Brent Could Face Negative Pressure Ahead of Putin - Trump TalkBrent crude is attempting to recover ahead of the scheduled Putin–Trump discussions. A ceasefire agreement combined with the potential return of Russian oil to global markets could have a negative impact on prices. The broader downtrend is still intact, but recent downside momentum appears to have stalled despite multiple OPEC+ production increase decisions in recent meetings. If the global economy slows due to higher tariffs while OPEC continues to increase output, Brent would typically be expected to fall below $60. However, the fact that prices are holding up may be an early signal of a potential trend change on the weekly timeframe. But for tomorrow, Brent may face negative pressure leading into the talks. The 68.25–70.70 range is the first major medium-term resistance zone, sitting below the main resistance at the trendline. Unless these levels are reclaimed, the primary direction remains to the downside. Currently, the 8 EMA has crossed below the 13 SMA (weekly timeframe), which is a sell signal for Brent. The last few signals from this crossover have performed well. A move toward $60 is possible within one to two weeks if the talks produce a ceasefire acceptable to both Russia and Ukraine.
BLACKBULL:BRENTShort
by ftdsystem
Brent Crude downtrend capped at 6790The Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend. Key resistance is located at 6790, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6790 could confirm the resumption of the downtrend, targeting the next support levels at 6500, followed by 6400 and 6330 over a longer timeframe. Conversely, a decisive breakout and daily close above 6790 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6860, then 6960. Conclusion: The short-term outlook remains bearish unless the pair breaks and holds above 6790. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by TradeNation
BRENT Robbery Setup: Thief's Bear Trap is Active!🔥💰BRENT BEARISH HEIST PLAN💰🔥 🎯 Asset: BRENT/ XBRUSD / UK Oil Spot 🧠 Strategy: Layered Limit Orders | Bearish Robbery in Progress 💼💣💼 Yo Money Movers & Market Jackers! It’s time to load up the truck and roll out — the BRENT vault is cracked open and dripping with bearish loot! 🐻💵🔓 🎩 This isn’t just trading — this is Thief Trading Style™. We don’t chase candles. We layer the loot, wait in the shadows, and strike on the pullback. No mercy. Just money. 💸🕶️ 🚨 THIEF'S TRADE SETUP 🚨 🕵️ Entry Point: Any Price Level – we’re everywhere. Place layered Sell Limits like tripwires on the chart 🎯💣 — 15m or 30m candle nearest swing highs. The trap is set. 🛑 Stop Loss: 🔒 Locked @ 69.000 — right above resistance This is a tactical retreat, not a failure. Every heist needs an escape route. 📉🔁 🎯 Target Zone: 💥 Aim for 65.000 — smash and grab style. Get in, take profit, disappear into the shadows. 🧠 WHY THE HEIST? The BRENT market looks ready for a rug pull — 🧊 Demand slowing 📉 Bearish structure unfolding 🎭 Bull traps getting exposed 🔥 Perfect time for thieves to cash out while the herd dreams green Before pulling the trigger, check: 📰 Fundamentals 📦 Inventory Data 🧭 Intermarket Analysis 📊 COT Reports Do your homework — then rob it like a professional. 🧠💼🔎 ⚠️ MISSION WARNING ⚠️ Avoid new trades during news drops! Use trailing SLs to protect loot. This market doesn’t play fair — but we don’t either. 🛑📰📉 💥 Hit BOOST if you're riding with the robbers! Let’s show this market how Thief Traders steal gains like legends. Every like = one more gold bar in the van 💰🚚💨 Stay sharp. Stay shadowed. See you on the next job. 🐱‍👤💸📉 🔗 #Brent #XBRUSD #UKOil #ThiefTrader #BearishSetup #EnergyMarket #LayeringStrategy #MarketRobbery #SellThePump #RobTheChart
BLACKBULL:BRENTShort
by The-Thief
Brent Crude key support zone at 6800The Brent Crude Oil remains in a neutral trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 6800 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 6800 would confirm ongoing upside momentum, with potential targets at: 7095 – initial resistance 7200 – psychological and structural level 7317 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 6800 would weaken the bullish outlook and suggest deeper downside risk toward: 6680 – minor support 6580 – stronger support and potential demand zone Outlook: Neutral bias remains intact while the Brent trades around pivotal 6800 level. A sustained break below or above this level could shift momentum. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by TradeNation
XBRUSD Robbery Setup: Thief's Bear Trap is Active! 🔥💰BRENT BEARISH HEIST PLAN💰🔥 🎯 Asset: XBRUSD / UK Oil Spot / BRENT 🧠 Strategy: Layered Limit Orders | Bearish Robbery in Progress 💼💣💼 Yo Money Movers & Market Jackers! It’s time to load up the truck and roll out — the BRENT vault is cracked open and dripping with bearish loot! 🐻💵🔓 🎩 This isn’t just trading — this is Thief Trading Style™. We don’t chase candles. We layer the loot, wait in the shadows, and strike on the pullback. No mercy. Just money. 💸🕶️ 🚨 THIEF'S TRADE SETUP 🚨 🕵️ Entry Point: Any Price Level – we’re everywhere. Place layered Sell Limits like tripwires on the chart 🎯💣 — 15m or 30m candle nearest swing highs. The trap is set. 🛑 Stop Loss: 🔒 Locked @ 69.50 — right above resistance This is a tactical retreat, not a failure. Every heist needs an escape route. 📉🔁 🎯 Target Zone: 💥 Aim for 67.00 — smash and grab style. Get in, take profit, disappear into the shadows. 🧠 WHY THE HEIST? The BRENT market looks ready for a rug pull — 🧊 Demand slowing 📉 Bearish structure unfolding 🎭 Bull traps getting exposed 🔥 Perfect time for thieves to cash out while the herd dreams green Before pulling the trigger, check: 📰 Fundamentals 📦 Inventory Data 🧭 Intermarket Analysis 📊 COT Reports Do your homework — then rob it like a professional. 🧠💼🔎 ⚠️ MISSION WARNING ⚠️ Avoid new trades during news drops! Use trailing SLs to protect loot. This market doesn’t play fair — but we don’t either. 🛑📰📉 💥 Hit BOOST if you're riding with the robbers! Let’s show this market how Thief Traders steal gains like legends. Every like = one more gold bar in the van 💰🚚💨 Stay sharp. Stay shadowed. See you on the next job. 🐱‍👤💸📉 🔗 #Brent #XBRUSD #UKOil #ThiefTrader #BearishSetup #EnergyMarket #LayeringStrategy #MarketRobbery #SellThePump #RobTheChart
ICMARKETS:XBRUSDShort
by The-Thief
Brent Crude Oil Wave Analysis – 5 August 2025- Brent Crude Oil broke support zone - Likely to fall to support level 66.00 Brent Crude Oil recently broke the support zone between the key support level of 68.00 (which reversed the price multiple times in July) and the two support trendlines from May. The breakout of this support zone accelerated the active impulse wave iii of the higher order impulse wave 3 from the middle of June. Brent Crude Oil can be expected to fall to the next support level 66.00 (former resistance from May and the low of the earlier impulse wave i).
BLACKBULL:BRENTShort
by FxProGlobal
XBR/USD Chart Analysis: Oil Price Declines Towards Key SupportXBR/USD Chart Analysis: Oil Price Declines Towards Key Support As the XBR/USD chart shows, Brent crude oil has made two significant moves recently: Last week’s price increase (A) followed President Donald Trump’s intentions to impose tariffs on India due to its purchases of Russian oil. This could have disrupted established oil supply chains. The price decline (B) may have been driven by both the decision of OPEC+ countries to increase production and reports of a weakening US labour market. Thus, there is reason to believe that the more than 4.5% decline in Brent crude oil prices since the beginning of August reflects market participants’ scepticism about sustained high oil prices: → this has a negative impact on the US economy (JP Morgan analysts raised concerns about recession risks this week); → increased activity from oil producers may offset supply chain disruption risks. Technical Analysis of the XBR/USD Chart From a technical analysis perspective, Brent crude oil has dropped to a key support level (marked in blue), which was previously active in July. A rebound from this line could happen – in such a case, the price might face resistance at the Fair Value Gap area (marked in orange), formed between: → $70.81 – a support level active in late July, which was broken; → the psychological level of $70.00. Attention should also be paid to price behaviour around the $69.00 level (indicated by arrows) – it quickly switched roles from support to resistance, indicating aggressive bearish sentiment. Given this observation, a potential bearish breakout attempt below the blue support line cannot be ruled out. However, whether this scenario materialises will largely depend on developments in geopolitical risks and tariff agreements. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XBRUSD
by FXOpen
1
BRENT: OPEC+ Reacts as a New Geopolitical Chapter LoomsIon Jauregui – Analyst at ActivTrades The oil market is bracing for a new episode of high tension. With Brent stabilizing around $70 per barrel, OPEC+ has made a decisive move: starting in September, it will increase production by 547,000 barrels per day—a decision that could significantly alter the global supply-demand balance. The announcement comes at a critical moment, marked by political pressure, conflicting interests, and an increasingly uncertain geoeconomic backdrop. September 7 is shaping up to be the next major turning point for the market. Fundamental Analysis OPEC+’s decision to increase output effectively erases its largest remaining production cut, implemented during the height of the pandemic. The group is not only restoring supply but has also granted the United Arab Emirates an additional quota equivalent to 2.4% of global demand—an internal rebalancing that could create tension within the cartel. Meanwhile, diplomatic pressure continues to mount. The United States, maintaining a firm stance inherited from the Trump era, keeps urging India and other major consumers to reduce their dependence on Russian oil. This dynamic complicates the outlook for countries that have benefited from discounted Russian crude in recent years and reopens the debate over strategic energy alliances. The current environment is defined by increasing supply, sustained demand, and growing political pressure on certain trade flows. All these factors suggest a more volatile market, highly sensitive to any disruption in the balance. Technical Analysis From a technical perspective, Brent remains stuck in a downward-sloping sideways structure. Prices are fluctuating between key support at $67.50 and strong resistance at $79. Volume has declined in recent sessions, indicating trader caution ahead of upcoming OPEC+ decisions. A clear breakout above the $72.74 resistance could pave the way for a bullish move toward the next target zone at $75–76, while a drop below $67.50 would activate a corrective scenario targeting the $64–65 area. Both RSI and MACD indicators are showing neutral signals with no clear trend, reinforcing the short-term consolidation outlook. The next move will largely depend on how events unfold around September 7, a date that could redefine the market balance. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance and forecasting are not a synonym of a reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk. Political risk is unpredictable. Central bank actions can vary. Platform tools do not guarantee success.
ACTIVTRADES:BRENT
by ActivTrades
Brent Crude corrective pullback support at 7133The Brent Crude remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 7133 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 7133 would confirm ongoing upside momentum, with potential targets at: 7352 – initial resistance 7406 – psychological and structural level 7451 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 7133 would weaken the bullish outlook and suggest deeper downside risk toward: 7069 – minor support 7000 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the Gold holds above 7133. A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by TradeNation