BRNUSD

Oil prices had retreated following reports about ceasefire talks between Israel and Hezbollah. Although the US Ambassador to Israel noted that the ceasefire could take place within a few days, the situation on the Hezbollah side is more uncertain. After these developments, a slight recovery was observed in oil prices. However, US President Trump's plan to impose additional tariffs on China, Mexico, and Canada caused a decline in Asian markets and created an uncertain atmosphere in global markets.

Technically, the BRNUSD pair is trading at the 72.575 level. The price staying below the 73.00-73.50 resistance level supports a downward outlook. In case of possible declines, the 72.00 and 71.50 support levels may be monitored. In upward movements, the 73.00 and 73.50 levels should be watched as resistance. The RSI indicator is at the 40 level, displaying a negative outlook, indicating a weak market. Compared to the previous day, there is a 0.11% decrease in prices, suggesting limited price movement.