Pezeshkian: Iran-US Agreement to Be Signed on Friday
📊 BRENT — Piyasa Yorumu
▼ down · 70%News of a potential Iran-US agreement is increasing expectations of a supply glut, putting pressure on oil prices. Brent crude last closed at $82.84, down 5.5% in the past 24 hours. While the RSI at 30.15 approaches oversold territory, the MACD line remains below the signal line and in negative territory. The short-term trend is weak as the 20-day simple moving average at $83.90 and the 50-day average at $87.14 are both declining. Selling pressure is likely to persist with the deal news, potentially pushing prices toward the $82 support level.
📊 WTI — Piyasa Yorumu
▼ down · 70%News of a potential Iran-US agreement is strengthening expectations of increased supply, putting pressure on oil prices. WTI last closed at $80.22, down 5.6% in the past 24 hours, indicating strong selling pressure. Although the RSI at 30.9 is approaching oversold territory, the MACD line remains below the signal line and in negative territory, suggesting weak momentum. Trading below the short-term SMA20 ($81.16) and SMA50 ($84.45) confirms a weak technical outlook. With oversupply concerns dominating amid the deal news, the downtrend is expected to continue in the near term.