Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

Live Updates  >  Live Update Details

2025-09-12 21:02:01

Brent Crude Oil Technical Analysis: Refer to the 10-minute candlestick chart of the Brent crude oil continuous contract. From the chart data: 1) Bollinger Bands: Middle Band 67.02, Upper Band 68.01, Lower Band 66.03. The price has risen rapidly from the low of 65.68, with multiple consecutive bullish candlesticks resembling a "three white soldiers" pattern. The price reached a high of 68.14 and briefly crossed the upper band before consolidating at a high level near 67.92, demonstrating the "upper band constraint during bandwidth expansion." A piercing of the upper band—a pullback between the upper and middle bands—signals the short-term entry into the "first retracement candidate after a breakout." If the pullback fails to break through the support band formed by the angle between the upper and middle bands, the probability of trend continuation is higher. 2) MACD indicator: DIFF=0.39, DEA=0.34, MACD column=0.10, the "golden cross diffusion" above the zero axis is still there, the column is positive but the marginal increase is slowing down; the corresponding price has an upper shadow retracement near 68.14, indicating that the short-term momentum may transition from "advancement" to "consolidation". 3) RSI(14): The value is 85.31, which is in the significant overbought area, resonating with the price "breaking the upper track", a typical event-driven overbought. Technically, overbought is not a sell signal, but at the 10-minute level, it is common to see horizontal fluctuations in time for space or price retracement to the moving average/middle track for repair. 4) Key price structure: Support focus is 67.02 (Bollinger middle track) - 66.51 (previous high/structure level) - 66.03 (Bollinger lower track) - 65.68 (low point of the day); resistance is at 68.01 (upper track) - 68.14 (high point of the day). If the price breaks through 68.14 on high volume and stabilizes above the upper band, it will enter the "upper expansion of the rising channel" in the short term. If it falls back below 67.02, be wary of a false breakout and a retest of 66.51/66.03. In summary, the technical outlook is bullish, but the short-term overbought and upper shadow suggest a high probability of "high-level digestion". Whether the price can break through and stabilize at 68.14 for the second time will determine whether this event-driven trend can evolve into a trend upward.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

3654.72

10.45

(0.29%)

XAG

42.101

0.308

(0.74%)

CONC

62.98

-0.28

(-0.44%)

OILC

67.25

-0.22

(-0.32%)

USD

97.499

0.143

(0.15%)

EURUSD

1.1771

-0.0014

(-0.12%)

GBPUSD

1.3490

-0.0065

(-0.48%)

USDCNH

7.1121

0.0054

(0.08%)

Hot News