US and Iran Sign Memorandum of Understanding
📊 BRENT — Piyasa Yorumu
▼ down · 70%The news could increase expectations of a supply surplus, putting pressure on oil prices. Technical indicators also support the decline: the RSI is approaching oversold territory at 31, while the MACD is below zero and below its signal line. The price is trading below both the 20-day and 50-day moving averages. The 4.66% drop in the last 24 hours suggests selling pressure may continue. The downtrend is expected to persist in the short term.
📊 WTI — Piyasa Yorumu
▼ down · 70%The news could create downward pressure on oil prices by reducing supply concerns. Technical indicators already show a weak outlook, with the RSI approaching oversold territory at 33, while the MACD line remains below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages. The 4.87% decline over the past 24 hours indicates continued selling pressure. The bearish trend is expected to persist in the short term.