Brent crude (UKOIL) surged into 66.11 before pausing beneath resistance. RSI has retreated from overbought and price now hovers above 65.50. As long as the 23.6% retracement at 65.05 holds, bulls retain control. Next targets lie at 66.88 and beyond.
Brent crude continues its sharp decline, now stabilizing around $63.30. With RSI still deeply bearish and moving averages aligned to the downside, sellers remain in control. The coming sessions will determine if this is a floor — or just a
UKOIL surged to test resistance near $68.90 before pausing. While moving averages support bullish momentum, RSI is cooling and volume is declining. Traders should watch for confirmation of a breakout or signs of reversal toward $67.50 support. The $68.90 level
Brent crude oil (UKOIL) is currently testing a critical resistance level at 73.20 after forming a recovery pattern from its recent lows. Technical indicators show strengthening momentum with the RSI moving above 60, suggesting potential for continued upward movement if
Crude oil (UKOIL) plunges below 76.60, signaling renewed bearish pressure. Can buyers regain control, or will the downtrend continue?
Brent crude oil is holding at 80.63 support while RSI stabilizes. Moving averages could cap gains. Can UKOIL bounce, or is more downside ahead?
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