BRNUSD
Oil prices remain under pressure due to the increase in U.S. inventories and Trump's impact on the markets. The Fed's decision to keep interest rates unchanged and Powell's statements are also being closely monitored by the markets. The anticipated interest rate cuts by the European Central Bank and the limited optimism in Asian markets may have indirect effects on oil. In this context, investors continue to watch the volatility in European and U.S. stock exchanges.
In the chart analysis, BRNUSD is trading at the level of 75.415, indicating a 0.4% decrease. On the daily timeframe, the pair has resistance levels at 76.00 and 76.50 above. In downward movements, the support levels of 75.00 and 74.50 stand out. The RSI indicator shows a neutral outlook, suggesting that the market is trying to find direction. In light of this data, it is important to monitor price movements, paying attention to the main support and resistance levels.
Support :
Resistance :