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.

40.391
Your capital is at risk
Change
0.200
Change %
0.498%
Open
40.191
Close
40.896
High
40.414
Low
40.120
 

End of day analysis for Crude oil 24-09-2020

2020-09-24 17:31:41 GMT (Economies.com)
Crude oil price trades with strong positivity to head towards 40.54 level, and as we mentioned in our major reports, the price needs to hold below this level to keep the bearish trend scenario valid ...

Midday update for Crude oil 24-09-2020

2020-09-24 09:49:12 GMT (Economies.com)
Crude oil price approached testing 39.80 that forms intraday resistance against the price and begins bouncing bearishly from there, to keep the bearish trend scenario valid for today, supported by ...

Crude oil price keeps its negative stability – Analysis - 24-09-2020

2020-09-24 03:26:13 GMT (Economies.com)
Crude oil price bounced downwards strongly after testing 40.36, to keep the bearish trend scenario valid and active for the upcoming period, and the price needs to break 39.25 level to confirm ...

Update: Crude oil is recovering

2020-09-23 15:00:40 GMT (Economies.com)
Crude oil price rallies upwards strongly to start attacking 40.36 level, which urges caution from the upcoming trading, as breaching this level will stop the recently suggested correctional bearish ...

Midday update for Crude oil 23-09-2020

2020-09-23 09:13:33 GMT (Economies.com)
Crude oil price trades with clear positivity to attack 39.70 again, noticing that the EMA50 continues to press negatively on the price to protect the recently suggested negative scenario, while ...

Crude oil price begins negatively – Analysis - 23-09-2020

2020-09-23 03:37:09 GMT (Economies.com)
Crude oil price kept its stability below 39.70, starting today with clear bearish bias to approach the key support 39.14, waiting to break this level to confirm opening the way to continue the ...

End of day analysis for Crude oil 22-09-2020

2020-09-22 18:03:56 GMT (Economies.com)
Crude oil price resumed its negative trades to test 39.14 level, but it returns to rise and move above 39.70 level now, to continue monitoring the price action, as consolidating above this level will ...

Midday update for Crude oil 22-09-2020

2020-09-22 09:12:11 GMT (Economies.com)
Crude oil price shows positive trades to move above 39.70, which urges caution from the upcoming trading, as the price needs to hold below this level as a first condition to continue the expected ...

Crude oil price faces more negative pressure – Analysis - 22-09-2020

2020-09-22 04:06:03 GMT (Economies.com)
Crude oil price bounced bullishly after touching our waited target at 39.16, and attempted to breach 39.70 level, but it couldn’t hold for long time above it, to start today with new bearish ...

Update: Crude oil price hits the negative target

2020-09-21 16:35:20 GMT (Economies.com)
Crude oil price declined strongly to succeed achieving our waited target at 39.15, noticing that the price presses negatively on this level to break it and attempts to hold below it, which hints that ...

Midday update for Crude oil 21-09-2020

2020-09-21 09:12:25 GMT (Economies.com)
Crude oil price’s traded with strong negativity to break 40.30 level and settles above it, to complete forming double top pattern that its signs appear on the chart, which puts the price under ...

Crude oil price within a positive pattern – Analysis - 21-09-2020

2020-09-21 03:56:50 GMT (Economies.com)
Crude oil price’s recent trades are confined within bullish flag pattern, thus, the price needs to breach 41.20 to activate the positive effect of this pattern and confirm rallying towards ...

End of day analysis for Crude oil 18-09-2020

2020-09-18 17:29:44 GMT (Economies.com)
Crude oil price provides new negative trades to attack the intraday bullish channel’s support line, which urges caution from the upcoming trading, as the continuation of the bearish bias and ...

Midday update for Crude oil 18-09-2020

2020-09-18 09:28:07 GMT (Economies.com)
Crude oil price faces negative pressure now to approach the intraday bullish channel’s support line, affected by stochastic negativity, waiting to rebound bullishly to resume the expected ...
  Symbol Last Change Chg.%
1.1667
-0.0103
0.8734%
1.2753
-0.0076
0.5893%
Tadawul
8236.17
-26.43
0.32%
23.130
-2.877
11.061%
40.391
0.200
0.498%
41.94
0.00
0.00%
1868.330
-47.195
2.464%
 
 
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