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: 2024-03-01 23:55PM UTC
79.771
Crude oil price traded with strong positivity to surpass our first waited target at 80.00 and open the way to achieve more gains in the upcoming period, reminding you that our next station is located ...
Crude oil price leaned on 78.25 level and bounced upwards strongly to breach 78.75 and confirm opening the way to continue the rise today, and the way is open to achieve our next target at 80.00, ...
Crude oil price showed new attempts to breach 78.85 but it couldn’t manage to hold above it, to fluctuate around 78.25 level again, as it keeps its consolidation above it, waiting to resume the ...
Crude oil price achieved initial breach to 78.85 and attempts to hold above it, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, waiting to visit ...
Crude oil price is testing the key support 78.25 now, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend scenario active for today, as breaking it ...
Crude oil price attempted to breach 78.75 level but it couldn’t consolidate above it, to trade below it now, noticing that the price consolidates above the minor support 78.25 to start ...
Crude oil price resumes its positive trading strongly to breach 78.75 level and attempts to hold above it, to reactivate the bullish trend scenario that targets 80.00 as a next station, noting that ...
Crude oil price faces negative pressure to attack 78.25 level, which urges caution from the upcoming trading, as confirming breaking this level will stop the morning suggested positive scenario and ...
Crude oil price succeeded to achieve our waited target at 78.75 and attempted to breach it, to hint heading to achieve more expected gains in the upcoming sessions, noting that the next positive ...
Crude oil price shows sideways trades since morning, settling around 77.65 level, thus, no change to the expected bullish trend for today, which depends on the price stability above 77.00, supported ...