Vlad RF
Well-Known Member
Brent forms a reversal at key resistance
Brent quotes are showing signs of a reversal amid technical signals and negative US oil inventory data, currently trading at 69.08 USD. Find more details in our analysis for 12 February 2026.
Brent technical analysis
Brent quotes are correcting within a developing Wedge reversal pattern. Although prices remain above the EMA-65, the risks of further downside movement remain high.
The technical and fundamental outlook for Brent highlights reversal risks amid a Double Top pattern.
Read more at RoboForex Website
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
Brent quotes are showing signs of a reversal amid technical signals and negative US oil inventory data, currently trading at 69.08 USD. Find more details in our analysis for 12 February 2026.
Brent technical analysis
Brent quotes are correcting within a developing Wedge reversal pattern. Although prices remain above the EMA-65, the risks of further downside movement remain high.
The technical and fundamental outlook for Brent highlights reversal risks amid a Double Top pattern.
Read more at RoboForex Website
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team