Brent Crude Price Continues to FallBrent Crude Price Continues to Fall
Today, the price of Brent crude has dropped below $60 per barrel, marking its lowest level since March 2021. As shown on the XBR/USD chart, from the start of 2025, the price saw a rise of around 2.6% at the end of March 2025.
Why is oil falling?
The key driv
Crude oil at the center of the stormBy Ion Jauregui - Analyst ActivTrades
Today, amid an international outlook full of uncertainty, the oil market stands as a reflection of an economy under stress. In recent weeks, crude oil prices have suffered steep declines that have sent warning signals to investors. However, this fall has been p
Brent Crude Price ConsolidatesBrent Crude Price Consolidates
When analysing the Brent crude oil price chart six days ago, we:
→ identified a downward channel marked in red;
→ noted that the median line was acting as resistance;
→ suggested the price could find support at the lower boundary of the channel, reinforced by the psy
Oil at the Edge: Final Wave or One More Drop?🛢 Brent ICEEUR:BRN1! TVC:UKOIL FX:UKOIL has been correcting for nearly two years since its 2022 high — but looking at the current wave structure, we may be approaching the end of this cycle.
📌 Base Scenario
We’re likely in a classic ABC correction, with wave B being quite extended. The cur
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Brent Crude Breaks Key SupportBrent crude has tumbled through long-term support, hit by a one-two punch of tariff turmoil and surprise OPEC+ action. With global growth fears back in focus, oil’s technical breakdown couldn’t have come at a worse time for the bulls.
Tariffs, OPEC and a Return to Growth Fears
Last week was br
Brent Oil Smashes Support – Next Fib Level $61.74Brent crude plummeted after forming a tight flat flag near $72. A violent breakdown followed, pushing price to $63.71 with strong bearish candles. RSI near 27 suggests extreme conditions, but momentum still favors sellers. As long as $68.59 (previous support) is not reclaimed, the focus shifts towar
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Displays a symbol's price movements over previous years to identify recurring trends.