WTIUSD

The escalation of tension between Russia and Ukraine has driven oil prices to their highest levels seen in over two weeks. This situation raises concerns in the markets regarding the balance of oil demand and supply. Despite the general upward trend observed in overseas markets, particularly in Asian and US indices, Trump's appointment of Scott Bessent to the Treasury Department and its potential effects are being closely monitored. Additionally, economic indicators such as inflation figures in the Eurozone, PCE inflation in the US, and growth data are forming the focal point for markets in line with major central banks' interest rate policies.

WTIUSD continues to be priced above the support levels of 70.00 – 70.50 during the day. Maintaining these levels could be an important indicator for the continuation of the upward movements. In upward movements, resistance levels of 71.50 and 72.00 can be monitored. In the event of a downward movement, hourly closes below the 70.00 level could lead prices to pull back towards the 69.50 and 69.00 support levels. The RSI indicator is at the 45 level, showing a neutral stance. A decline of -0.37% is observed compared to the previous day.