Brent retreated from the peak: all eyes on the Middle East
Brent prices are falling amid geopolitical tensions, with the market watching US rhetoric on Iran. Find out more in our analysis for 10 March 2026.
Technical outlook
The Brent H4 chart shows a sharp increase in bullish momentum in early March. Prior to this, the market had been trading sideways around 70–74 USD per barrel, but then prices surged higher, breaking above the 82.14 level and, over several sessions, reaching an extreme near 115.40.
Brent has declined and pulled back from the local high.
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 prices are falling amid geopolitical tensions, with the market watching US rhetoric on Iran. Find out more in our analysis for 10 March 2026.
Technical outlook
The Brent H4 chart shows a sharp increase in bullish momentum in early March. Prior to this, the market had been trading sideways around 70–74 USD per barrel, but then prices surged higher, breaking above the 82.14 level and, over several sessions, reaching an extreme near 115.40.
Brent has declined and pulled back from the local high.
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