Brent
On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has broken through the resistance line. The quotes are now expected to rise above 8/8 (87.50) and later reach the resistance level of +2/8 (90.62). The scenario can be cancelled by a downward breakaway of the support level of 7/8 (85.94). In this case, the quotes may drop to 5/8 (82.81).
On M15, the upper line of VoltyChannel is broken away, which confirms the uptrend and increases the probability of further growth.
Free Reports:
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
S&P 500
On H4, the quotes are above the 200-day Moving Average, which indicates an uptrend. A divergence has formed on the RSI, being a signal for a correction to start. As a result, a bounce off 4/8 (4062.5) should be expected, followed by falling of the support level of 2/8 (3906.2). The scenario can be cancelled by an upwards breakaway of the resistance level. In this case, the quotes might keep growing and reach 5/8 (4141.6).
On M15, an additional signal confirming the decline will be a breakaway of the lower border of VoltyChannel.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
- This week will be one of the most crowded for central‑bank meetings Jul 27, 2026
- EUR/USD Ahead of a Key Week: Holding Near Lows Jul 27, 2026
- COT Metals Charts: Weekly Speculator Changes led by Copper Jul 26, 2026
- COT Bonds Charts: Speculator Bets led by SOFR 3-Months & 5-Year Bonds Jul 26, 2026
- COT Energy Charts: Weekly Speculator Bets led by WTI Crude & Natural Gas Jul 26, 2026
- COT Soft Commodities Charts: Weekly Speculator Bets led by Corn & Soybeans Jul 26, 2026
- The US introduces new import tariffs for 60 countries. Brent crude surpasses $100 per barrel Jul 24, 2026
- USD/JPY Breaks Records: Nothing Slows the Yen’s Decline Jul 24, 2026
- Oil prices reached a 6‑week high. The AUD strengthened on the back of a strong labor‑market report Jul 23, 2026
- EUR/USD Recovers as Dollar Weakens Jul 23, 2026
