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.

64.489
Your capital is at risk
Change
3.018
Change %
4.910%
Open
61.471
Close
61.550
High
64.548
Low
63.797
 

Update: Crude oil price surpasses the target

2021-03-04 18:32:28 GMT (Economies.com)
Crude oil price rallied upwards strongly to surpass our waited target at 63.76 and opens the way to achieve more gains on the short term and medium term basis, on its way to visit 66.00 as a next ...

Midday update for Crude oil 04-03-2021

2021-03-04 10:21:17 GMT (Economies.com)
Crude oil price tests the key support 61.10 and keeps its stability above it until now, to keep our bullish overview valid until now, waiting to get positive motive that assists to push the price to ...

Crude oil price is recovering – Analysis - 04-03-2021

2021-03-04 05:14:46 GMT (Economies.com)
Crude oil price begins today with new positivity to breach 61.15 and settles above it, which stops the negative scenario suggested yesterday and leads the price to resume the main bullish trend, on ...

Midday update for Crude oil 03-03-2021

2021-03-03 10:23:41 GMT (Economies.com)
Crude oil price trades positively now to breach 60.10 level and moves above the bullish channel’s support line, which urges caution from the upcoming trading, as continuing the rise and ...

Crude oil price breaks the support – Analysis - 03-03-2021

2021-03-03 05:11:01 GMT (Economies.com)
Crude oil price broke the bullish channel’s support line and closed the daily candlestick below it, to activate the correctional bearish trend scenario for the upcoming period, on its way to ...

Update: Crude oil price attempts to recover

2021-03-02 16:45:00 GMT (Economies.com)
Crude oil price attempts to breach 60.40 resistance, but it couldn’t manage to hold above it, to keep our neutrality valid until the price confirms breaching this resistance or breaking 59.60 ...

Midday update for Crude oil 02-03-2021

2021-03-02 10:17:56 GMT (Economies.com)
Crude oil price continues to fluctuate around the key support 59.60, and as we mentioned this morning, this level represents one of the next trend keys besides 60.40 resistance, as the price needs to ...

Crude oil price touches the negative target – Analysis - 02-03-2021

2021-03-02 05:11:58 GMT (Economies.com)
Crude oil price managed to touch our negative target mentioned in our last technical update at 59.60, noticing that the price found solid support at the main bullish channel’s support line, ...

Update: Crude oil price breaks the support

2021-03-01 16:53:18 GMT (Economies.com)
Crude oil price bounced downwards strongly to break the bullish channel’s support line and settles below it, which hints the price head to achieve more decline that its next target reaches ...

Midday update for Crude oil 01-03-2021

2021-03-01 10:22:48 GMT (Economies.com)
Crude oil price begins to breach the bullish flag’s resistance that appears on the chart, which supports the continuation of our bullish overview efficiently for today, which targets 63.90 ...

Crude oil price within a positive pattern – Analysis - 01-03-2021

2021-03-01 05:38:05 GMT (Economies.com)
Crude oil price touched the minor bullish channel’s support line and bounced bullishly from there, noticing that the recent trades are confined within bullish flag pattern that its resistance ...

Update: Crude oil price breaks the support

2021-02-26 17:15:54 GMT (Economies.com)
Crude oil price broke 62.40 again and settles below it now, to open the way to turn to decline on the intraday basis, to head towards visiting 61.10 before turning back to rise again, noting that ...

Midday update for Crude oil 26-02-2021

2021-02-26 11:26:14 GMT (Economies.com)
Crude oil price faced new negative pressure to approach the key support 62.40, but it rebounds bullishly to settle above 62.95 now, which keeps the bullish trend scenario valid and active for today, ...

Crude oil price tests the support base – Analysis - 26-02-2021

2021-02-26 04:57:07 GMT (Economies.com)
Crude oil price returns to test the minor support base 62.95 and still above it until now, which keeps our bullish overview valid, organized inside the bullish channel that appears on the chart, ...
  Symbol Last Change Chg.%
1.1958
-0.0096
0.7981%
1.3897
-0.0038
0.2727%
Tadawul
9242.28
-68.88
0.74%
25.227
-1.642
6.111%
64.489
3.018
4.910%
66.74
3.12
4.90%
1692.420
-47.410
2.725%
 
 
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