ANALYSIS
NQ100 Finds Support from PPIApr 14
UKOIL:Brent Oil Starts Easing
Rising recession concerns in global markets continue to be the main factor in the pressure on brent oil. On the other hand, we see that Brent oil prices have started to recede due to the recent increase in coronavirus cases in China. In addition, the tightening momentum of global central banks also has an impact. Technically, the psychological 100.00 level will be critical in brent oil, which completes its correction and signals downward movements. If it is passed below this point with permanent closings, the regression may continue until the 97.00 support. In the upside scenario that can be experienced, the resistances of 107.65 can be followed after 105.00.
