BRENT CRUDE OIL
BRENT CRUDE OIL
- USD (-)
- 10 min delayed data - NYMEX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: BRN
ISIN:

BRENT CRUDE OIL - 15 min. - Technical analysis published on 03/04/2025 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 72.15 USD
My targets
69.67 USD (-1.31%)
68.16 USD (-3.44%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 72.15 USD remains possible. It is advisable to trade BRENT CRUDE OIL with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 72.15 USD. The next bearish objective for sellers is set at 69.67 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 68.16 USD. In case of crossing, the next objective would be the support located at 66.02 USD. PS: if there is a bullish break in the resistance located at 72.15 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.9

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:
1H Daily Weekly

Additional analysis

Quotes

BRENT CRUDE OIL rating 70.59 USD. The price registered a decrease of -1.44% on the session with the lowest point at 69.75 USD and the highest point at 71.46 USD. The deviation from the price is +1.20% for the low point and -1.22% for the high point.

69.75
71.46
70.59

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this BRENT CRUDE OIL chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes



In fact, only 8 technical indicators out of 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is under support 2

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 66.02 68.31 69.59 70.59 72.31 73.77 74.74
Change (%) -6.47% -3.23% -1.42% - +2.44% +4.50% +5.88%
Change -4.57 -2.28 -1.00 - +1.72 +3.18 +4.15
Level Intermediate Major Intermediate - Minor Intermediate Minor



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
Standard68.1669.6770.6472.1573.1274.6375.60
Camarilla70.9471.1771.3971.6271.8572.0872.30
Woodie67.9069.5470.3872.0272.8674.5075.34
Fibonacci69.6770.6171.2072.1573.0973.6874.63


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.6970.2871.5573.1474.4176.0077.27
Camarilla72.0272.2972.5572.8173.0773.3373.60
Woodie68.5270.2071.3873.0674.2475.9277.10
Fibonacci70.2871.3872.0573.1474.2474.9176.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard65.6568.7670.7973.9075.9379.0481.07
Camarilla71.4071.8772.3472.8173.2873.7574.22
Woodie65.1068.4970.2473.6375.3878.7780.52
Fibonacci68.7670.7371.9473.9075.8777.0879.04

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 46.35
MACD (12,26,9): -0.1200
Directional Movement: -6.83
AROON (14): -28.58
DEMA (21): 70.22
Parabolic SAR (0,02-0,02-0,2): 70.57
Elder Ray (13): 0.05
Super Trend (3,10): 70.70
Zig ZAG (10): 70.41
VORTEX (21): 0.9100
Stochastique (14,3,5): 59.48
TEMA (21): 70.26
Williams %R (14): -33.33
Chande Momentum Oscillator (20): -0.10
Repulse (5,40,3): 0.3300
ROCnROLL: -1
TRIX (15,9): -0.0300
Courbe Coppock: 0.32
MA7: 72.46
MA20: 74.00
MA50: 75.07
MA100: 73.00
MAexp7: 70.34
MAexp20: 70.38
MAexp50: 70.66
MAexp100: 71.12
Price / MA7: -2.58%
Price / MA20: -4.61%
Price / MA50: -5.97%
Price / MA100: -3.30%
Price / MAexp7: +0.36%
Price / MAexp20: +0.30%
Price / MAexp50: -0.10%
Price / MAexp100: -0.75%

Quotes : - 10 min delayed data - NYMEX Futures

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

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