BRNUSD

Crude oil futures are showing a more stable trend after rising due to increased geopolitical risks. The U.S.'s support for Ukraine in using long-range weapons against Russia has heightened tensions in the region. This situation is affecting oil prices and creating uncertainty in the market. On the other hand, the positive trend in Asian stock markets and the decline in U.S. bond yields are providing partial optimism in global markets. However, political developments in the U.S. and uncertainties over the Fed's interest rate policy may increase market volatility.

Technically, the BRN/USD pair is trading at the 73.00 level. On the daily chart, support levels are observed at 73.00, 72.50, and 72.00, while resistance levels are set at 74.00, 74.50, and 75.00. The RSI indicator is displaying a neutral outlook around the 50 level, indicating that the pair may trend sideways. The pair, which showed a 0.29% increase compared to the previous day, has the potential to fluctuate between the identified support and resistance levels. As long as the pair maintains its movement above 72.50, upward movements could be observed.