BRNUSD

Oil prices continue to rise due to increasing geopolitical tensions in the Middle East. Israel's attacks on Lebanon and Iran's planned attacks on Israel are heightening risk perception in the region, putting upward pressure on oil prices. At the same time, the impact of the stock increase data announced by the U.S. Energy Information Administration has remained limited. In addition to the trajectory of global markets, upcoming non-farm employment data from the US and Fed expectations will also influence pricing.

Technically, the BRNUSD pair continues to test the resistance level of 74.50. In upward movements, the levels of 75.00 and 75.50 can be monitored as resistance. In potential downward movements, the levels of 73.50, 73.00, and 72.50 can be followed as support. The RSI indicator is at the level of 45, indicating a neutral market outlook. It is observed that the pair has increased by 0.22% compared to the previous day. Under these conditions, the direction in which pricing will develop will continue to be determined by the fundamental dynamics of the market.