Global instability: attacks on key facilities in the Persian Gulf drive up Brent prices
Brent crude continues its steady upward momentum amid geopolitical conflicts, with prices testing the 109.00 USD per barrel level. Find out more in our analysis for 19 March 2026.
Technical outlook
On the H4 chart, Brent formed a Hammer reversal pattern after testing the lower Bollinger Band. At this stage, prices continue the uptrend; after a correction, the market may continue an upward wave following the signal.
Geopolitical risks and the ongoing conflict between the US, Israel, and Iran continue to push Brent prices to new highs.
Read more - Brent Forecast
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 crude continues its steady upward momentum amid geopolitical conflicts, with prices testing the 109.00 USD per barrel level. Find out more in our analysis for 19 March 2026.
Technical outlook
On the H4 chart, Brent formed a Hammer reversal pattern after testing the lower Bollinger Band. At this stage, prices continue the uptrend; after a correction, the market may continue an upward wave following the signal.
Geopolitical risks and the ongoing conflict between the US, Israel, and Iran continue to push Brent prices to new highs.
Read more - Brent Forecast
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