Iran-US Agreement Takes Effect: Negotiation Process Begins
📊 BRENT — Piyasa Yorumu
▼ down · 65%The implementation of the Iran-US agreement could increase oversupply concerns, putting pressure on oil prices. Technical indicators support this view: the RSI at 36 is near oversold territory but momentum remains weak, with the MACD below the signal line and in negative territory. Prices are trading below both the 20-day and 50-day moving averages, confirming a short-term bearish trend. However, the low RSI level could also trigger a potential technical rebound, so the bearish outlook is expressed with high but limited confidence.
📊 WTI — Piyasa Yorumu
▼ down · 65%The implementation of the Iran-US agreement and the start of the negotiation process could increase oversupply concerns, putting downward pressure on oil prices. Technical indicators also support this view: although the RSI is approaching oversold territory at 36, momentum remains weak. The MACD line is below the signal line and in negative territory, suggesting that the short-term downtrend may continue. The price is trading below both the 20-day and 50-day moving averages, weakening the technical outlook. However, the RSI nearing oversold levels indicates caution is warranted for a potential corrective rally.