Brent Crude NYMEX (BZ.FUT)

Close: 88.10 (+3.87), Jul 17, 2026

Positive

Automatic technical analysis. Medium term, Jul 17, 2026

Brent Crude NYMEX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The price has risen strongly since the positive signal from the rectangle formation at the break through resistance at 69.12. The objective at 87.92 is now met, but the formation still gives a signal in the same direction. The future has support at 71.50 and resistance at 118. The volume balance is positive and strengthens the future in the short term. The future is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 72)

Period	Vol.bal.	Volatility	Liquidity	+/- %
1 day	-	1.87%	2.66	+4.59%
5 days	62.96	6.29%	5.00	+15.91%
22 days	67.57	17.04%	3.10	+5.93%
66 days	20.17	35.11%	3.44	-11.33%

More analyses of Brent Crude NYMEX

Candlesticks

Short term: Hold

Medium term: Positive

Long term: Hold

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