US and Iran Reach Near-Final Agreement
📊 COPPER — Piyasa Yorumu
▼ down · 60%The completion of the US-Iran agreement could reduce geopolitical risk premiums, creating short-term pressure on copper prices. Although the RSI stands at 56.8 in neutral territory, the MACD line is hovering near the signal line, indicating weakening momentum. While the price remains above the 20- and 50-day moving averages, the deal news may alleviate supply concerns and increase selling pressure. A pullback toward the $6.30-$6.35 range is highly likely in the short term.
📊 BP — Piyasa Yorumu
▼ down · 65%The news may create expectations of a decline in oil prices as geopolitical risks diminish, putting pressure on BP shares. Technical indicators also point to weakness: the RSI at 39 is near the sell zone, the MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. The 3.8% drop in the last 24 hours indicates continued selling pressure. While the short-term downtrend is likely to persist, the absence of oversold conditions suggests a risk of a corrective bounce.
📊 CVX — Piyasa Yorumu
▼ down · 60%The completion of a US-Iran agreement could reduce the geopolitical risk premium on oil supply, potentially pressuring oil prices and negatively impacting CVX stock. Technically, the stock has declined 2.9% in the last 24 hours, with the RSI at 48.6, indicating a neutral zone but pointing to downside momentum. The MACD line is below the signal line and in negative territory, confirming short-term weakness. The price is trading just below the 20- and 50-day moving averages, which may act as resistance. A potential drop in oil prices amid the deal news could create additional selling pressure for CVX.
📊 BRENT — Piyasa Yorumu
▼ down · 70%The news could create downward pressure on oil prices by reducing supply concerns. Technical indicators support this view: although the RSI is near the oversold threshold at 30, the price is trading below both the 20-day and 50-day moving averages. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. The 4.45% decline over the past 24 hours suggests continued selling pressure. However, the RSI approaching oversold levels also raises the possibility of a short-term bounce.