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New Trends on the Horizon

Near-term resistance at 100DMA; upside targets 200DMA ~$65.7 then $66.8. Support at $63.6/$62.5; below opens $60 risk.
Published: January 20, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
,
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
9 page report
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M1 Brent futures consolidated this week around the $64/bbl level following last week’s volatile move that briefly pushed prices to three-month highs.

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