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Tuesday, 26 January 2016

Brent Crude Oil Technical Analysis: 26 January 2016, Tuesday, 10.40pm Singapore Time

Brent Crude Oil Technical Analysis: 
26 January 2016, Tuesday, 10.40pm Singapore Time

Attached above is the 4 Hourly Chart for Brent Crude Oil. 
Note that Brent Oil is slightly different from US Light Crude Oil (WTI Oil).

Technical Analysis as illustrated on chart.
If Blue Band Support and Yellow Band Support both hold, the price satisfaction target is $35.00

Immediate Term Target:
Around $35.00


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