ANALYSIS
NQ100 Finds Support from PPIApr 14
UKOIL:Brent Oil May Deepen The losses
In the city of Shanghai, known as the financial center of China, the world's largest oil importer, the end of the curfew in low-risk areas where 12 million people live in the city, along with the decrease in coronavirus cases, supported Brent oil prices to some extent. However, statements by the members of the US Federal Reserve's (FED) management council that the aggressive tightening will continue are the main reason for the decline in brent oil. Technically speaking, if brent, which has deepened its losses in the minor trend, can leave the 104.40 level behind permanently, the regression may continue until the 102.60 support. In possible upward attacks, the 108.00 and 110.00 resistances can be followed by the market players.
