Oil Technical Analysis

Economies.com provides the latest technical analysis of Crude Oil Futures. Through this page you may keep track of any changes in Oil Prices by our live technical updates around the clock. Technical analysis helps you predict the trend of Oil Rates by the use of technical indicators.

Oil price - Last update: 2024-05-08 17:00PM UTC
78.795
Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity to break 77.64$ level. Attempts to hold below it, urging the continuation of the expected bearish ...
Crude oil price reaches the target – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
Crude Oil Price Analysis Outlook and Forecast for Current Trading Sessions Expected Scenario Crude oil price resumes negative trading, approaching 77.65$ level Waiting to break this level to ...
End of day crude oil price forecast update - 07-05-2024
2024-05-07 18:09PM UTC
Crude oil price traded with clear negativity to reach few pips away from our waited target at 77.65$, and bounced bullishly to test 79.00$ barrier, waiting to resume the negative trades and achieve ...
Crude oil price awaits more decline – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Crude Oil Price Analysis Crude oil price has tested the 79.00$ barrier and settled below it, indicating a potential resumption of the bearish wave influenced by the double top pattern on the ...
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key resistance at 79.60$. As mentioned this morning, the price needs to hold below this level to keep the ...
Crude oil price keeps declining – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
Crude Oil Price Analysis Expected Scenarios Crude oil price shows more bearish bias to test 78.00$ barrier, approaching our waited target at 77.65$, and we suggest the continuation of the ...
Crude oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Crude oil price resumes its negative trading to move away from 79.60$ level, reinforcing the expectations of the decline for the rest of the day, and the way is open to achieve our waited target at ...
Crude oil price keeps its negative stability – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Crude Oil Price Analysis Crude oil price settles below 79.60$, keeping the correctional bearish scenario active. The next target is 77.65$, representing the 61.8% Fibonacci correction level for ...
End of day gold price forecast update - 02-05-2024
2024-05-02 16:17PM UTC
  Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main expected target at 2260.60$, supported by the EMA50 that presses negatively on the price, noting ...
Crude oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Crude Oil Trading Report Crude oil price shows positive trades and attempts to breach 79.60$, which urges caution from the upcoming trading, as confirming breaching this level will stop the ...