Technical analytics

Brent

Selling pressure around Brent remained unabated during the first part of Monday. 

Brent

Brent traded mixed on Friday. The benchmark was in bulls’ hands the first part of the day. 

Brent

The tone is still negative in the market. 

Brent

Brent sellers are taking a pause. 

Brent

A sign of buyers are still nowhere to be found and Brent continued to hang on the downside on Tuesday. 

Brent

Buyers failed to sustain a recovery above 71.50. 

Brent

Sellers preserved their dominant positions, however, they started to lose strength by the end of the week. 

Brent

Brent continued to trade in negative ground. 

Brent

The buying bias continued to grow around Brent.

Brent

Brent continued to hang on the downside on Tuesday.