🇺🇸The US oil strategic reserve has fallen to 405 million barrels, which is the lowest level since June 1984!

🛢The US Department of Energy will soon have to replenish stocks, which will increase demand for hydrocarbons and positively affect oil prices.

👉 Investment idea: buy limit #BRENT 90.82, take profit 92.60

October 21th

#BRENT Buy position
Support levels: 90.05 – 88.95
Resistance levels: 91.47 – 92.60

XAUUSD Sell position
Support levels: 1610 – 1601
Resistance levels: 1624 – 1637

October 28th

#BRENT Buy position
Support levels: 92.98 – 91.74
Resistance levels: 95.37 – 96.40

GBPUSD Buy position
Support levels: 1.1503 – 1.1417
Resistance levels: 1.1590 – 1.1661

🛢New OPEC+ quotas begin to operate from today, according to which production should be reduced to 41.85 million bpd. These quotas will be valid until the end of the year, which is favorable for the growth of oil prices.

👉 Investment idea: buy limit #BRENT 93.35, take profit 94.28.

🛢Oil reserves in the US strategic reserve fell below 400 million barrels. The reserves' indicator is at a technological minimum and in the future the US Department of Energy will have to increase oil reserves, which is favorable for the growth of oil prices.

👉Investment idea: buy limit #BRENT 93.95, take profit 96.20

November 15th

USDJPY Buy position
Support levels: 139.84 – 139.03
Resistance levels: 140.57 – 141.38

#BRENT Buy position
Support levels: 91.21 – 90.18
Resistance levels: 93.04 – 94.47

November 16th

EURUSD Buy position
Support levels: 1.0335 – 1.0256
Resistance levels: 1.0414 – 1.0503

#BRENT Buy position
Support levels: 91.90 – 90.50
Resistance levels: 93.35 – 94.80

29 ноября

#BRENT позиция Buy
Уровни поддержки: 84.39 – 82.70
Уровни сопротивления: 86.72 – 88.38

#SP500 позиция Buy
Уровни поддержки: 3928 – 3874
Уровни сопротивления: 3990 – 4041

🇺🇸 The US Department of Energy reported a reduction in crude oil inventories by 12.5 million barrels, which is favorable for rising oil prices.

📈It is advisable to use the correction to the lower border according to the Bollinger bands indicator to open a Buy position.

👉Investment idea: buy limit #BRENT 86.08, take profit 88.01.

🛢 OPEC countries produced 0.94 million b/d less oil in November than indicated in the quotas approved at the October summit. Production problems are still experienced by Nigeria and Angola.

The oil cartel has not changed its demand forecast for this year. The partial reduction in oil consumption in China due to coronavirus restrictions is offset by an increase in demand in other countries.

👉Investment idea: buy limit #BRENT 81.78, take profit 83.31

🛢The American Petroleum Institute reported a reduction in black gold reserves in US storage facilities by 3 million barrels. Commercial oil reserves in the United States are at a seven-year low, and the strategic oil reserve has fallen to 1984 levels. Low inventories are favorable for rising oil prices.

👉Investment idea: buy limit #BRENT 80.00, take profit 81.18

December 22th

EURUSD Buy position
Support levels: 1.0611 – 1.0545
Resistance levels: 1.0673 – 1.0730

#BRENT Buy position
Support levels: 82.53 – 80.40
Resistance levels: 83.37 – 85.12

December 27th

XAUUSD Buy position
Support levels: 1798 – 1785
Resistance levels: 1812 – 1824

#BRENT Buy position
Support levels: 84.64 – 83.08
Resistance levels: 86.01 – 87.27