BRENT CRUDE OIL

- USD (-)

- 10 min delayed data - NYMEX Futures

Open:	-
Change:	-
Volume:	-

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Type:	Commodities
Ticker:	BRN
ISIN:

BRENT CRUDE OIL - 1H - Technical analysis published on 01/20/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

39%

28%

33%

My opinion

Neutral between 80.37 USD and 81.30 USD

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 81.30 USD. The first support is located at 80.37 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Noreir. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BRENT CRUDE OIL price is 80.91 USD. On the day, this instrument gained +0.15% and was between 80.15 USD and 81.24 USD. This implies that the price is at +0.95% from its lowest and at -0.41% from its highest.

80.15

81.24

80.91

Here is a more detailed summary of the historical variations registered by BRENT CRUDE OIL:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BRENT CRUDE OIL in 1H shows an overall slightly bullish trend. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	77.89	79.57	80.37	80.91	81.30	81.93	82.63
Change (%)	-3.73%	-1.66%	-0.67%	-	+0.48%	+1.26%	+2.13%
Change	-3.02	-1.34	-0.54	-	+0.39	+1.02	+1.72
Level	Minor	Major	Intermediate	-	Intermediate	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.89	79.72	80.26	81.09	81.63	82.46	83.00
Camarilla	80.41	80.54	80.66	80.79	80.92	81.04	81.17
Woodie	78.74	79.65	80.11	81.02	81.48	82.39	82.85
Fibonacci	79.72	80.25	80.57	81.09	81.62	81.94	82.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	76.25	77.90	79.34	80.99	82.43	84.08	85.52
Camarilla	79.94	80.22	80.51	80.79	81.07	81.36	81.64
Woodie	76.16	77.85	79.25	80.94	82.34	84.03	85.43
Fibonacci	77.90	79.08	79.81	80.99	82.17	82.90	84.08

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.30	68.87	71.75	73.32	76.20	77.77	80.65
Camarilla	73.42	73.82	74.23	74.64	75.05	75.46	75.86
Woodie	67.97	69.20	72.42	73.65	76.87	78.10	81.32
Fibonacci	68.87	70.57	71.62	73.32	75.02	76.07	77.77

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.01
MACD (12,26,9):	-0.1800
Directional Movement:	-8.80
AROON (14):	-64.28
DEMA (21):	80.48
Parabolic SAR (0,02-0,02-0,2):	80.96
Elder Ray (13):	0.04
Super Trend (3,10):	81.31
Zig ZAG (10):	80.81
VORTEX (21):	0.9900
Stochastique (14,3,5):	39.76
TEMA (21):	80.44
Williams %R (14):	-37.61
Chande Momentum Oscillator (20):	-0.20
Repulse (5,40,3):	0.5000
ROCnROLL:	-1
TRIX (15,9):	-0.0400
Courbe Coppock:	0.81

MA7:	80.80
MA20:	76.92
MA50:	74.08
MA100:	73.46
MAexp7:	80.59
MAexp20:	80.73
MAexp50:	80.97
MAexp100:	80.77
Price / MA7:	+0.14%
Price / MA20:	+5.19%
Price / MA50:	+9.22%
Price / MA100:	+10.14%
Price / MAexp7:	+0.40%
Price / MAexp20:	+0.22%
Price / MAexp50:	-0.07%
Price / MAexp100:	+0.17%

Quotes : - 10 min delayed data - NYMEX Futures

News

The last news published on BRENT CRUDE OIL at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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