Brent (CO1) Down $0.93 On 4 Hour Chart, Fares the Worst Out of energy commodity; 2 Day Up Streak Broken

Brent 4 Hour Price Update

Updated May 25, 2020 11:07 PM GMT (07:07 PM EST)

The choppiness in the recent four-hour candle price action of Brent continues; to start the current 4 hour candle, it came in at a price of 35.13 US dollars, down 2.58% ($0.93) since the last 4 hour candle. On a relative basis, Brent was the worst performer out of all 6 of the assets in the energy commodity asset class the current 4 hour candle.

Brent Daily Price Recap

The back and forth price flow continues for Brent, which started today off at 35.13 US dollars, down 2.58% ($0.93) from yesterday. Those trading within the energy commodity asset class should know that Brent was the worst performer in the class today. Here is a daily price chart of Brent.

Brent Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Brent’s price has gone up 6 them.