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.

62.883
Your capital is at risk
Change
2.493
Change %
4.128%
Open
60.390
Close
59.379
High
63.455
Low
60.359
 

Crude oil price approaches the first target – Analysis - 06-04-2021

2021-04-06 04:23:22 GMT (Economies.com)
Crude oil price declined strongly yesterday to approach our first waited negative target at 57.25, showing some bullish bias affected by stochastic positivity, noticing that the EMA50 continues to ...

Update: Crude oil price is under the negative pressure

2021-04-05 15:11:18 GMT (Economies.com)
Crude oil price declines strongly now to break 59.85 level again and settles below it, to reinforce the expectations of continuing the bearish trend in the upcoming period, waiting to get a daily ...

Midday update for Crude oil 01-04-2021

2021-04-01 09:01:44 GMT (Economies.com)
Crude oil price trades with clear positivity to breach 59.85 and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the morning suggested ...

Crude oil price breaks the support – Analysis - 01-04-2021

2021-04-01 04:26:36 GMT (Economies.com)
Crude oil price broke 59.85 support line strongly and closed the daily candlestick below it, to reactivate the correctional bearish trend scenario again, paving the way to achieve negative targets ...

Midday update for Crude oil 31-03-2021

2021-03-31 09:28:09 GMT (Economies.com)
Crude oil price still stuck between the key levels represented by 59.85 support and 61.25 resistance, which keeps our neutrality valid until now, waiting to breach one of these levels to detect the ...

Crude oil price faces contradicted factors – Analysis - 31-03-2021

2021-03-31 04:15:32 GMT (Economies.com)
Crude oil price found solid support at 59.85, to start providing positive trades in attempt to test the key resistance 61.25, affected by stochastic positivity, which contradicts the negative ...

End of day analysis for Crude oil 30-03-2021

2021-03-30 17:12:26 GMT (Economies.com)
Crude oil price faced negative pressure to break 61.25 level and reach the key support 59.85, which urges caution from the upcoming trading, as continuing the decline and breaking the mentioned ...

Midday update for Crude oil 30-03-2021

2021-03-30 09:11:59 GMT (Economies.com)
Crude oil price retested 61.25 that turns into key support now and keeps its stability above it, to keep the bullish trend scenario valid and active for today, supported by the EMA50 that carries the ...

Crude oil price breaches the resistance – Analysis - 30-03-2021

2021-03-30 04:46:07 GMT (Economies.com)
Crude oil price surpassed 61.25 and closed the daily candlestick above it, to activate the bullish trend scenario in the upcoming sessions, on its way to achieve gains that start at 63.30 and extend ...

Midday update for Crude oil 29-03-2021

2021-03-29 09:26:16 GMT (Economies.com)
Crude oil price tested the key support 59.85 but it bounced upwards strongly from there, to head towards testing 61.25 resistance, and as we mentioned this morning, these levels represent the next ...

Crude oil price begins negatively – Analysis - 29-03-2021

2021-03-29 04:29:47 GMT (Economies.com)
Crude oil price opens today’s trading with strong negativity to start pressing on 59.85 level, which hints the price head to return to the correctional bearish track, but we prefer staying ...

Update: Crude oil price breaches the resistance levels

2021-03-26 17:17:14 GMT (Economies.com)
Crude oil price rallied upwards strongly to breach 59.85 level and begins to attack the correctional bearish channel’s resistance, which stop the recently suggested negative scenario and lead ...

Midday update for Crude oil 26-03-2021

2021-03-26 10:11:12 GMT (Economies.com)
Crude oil price retested 59.85 level and keeps its stability below it until now, which keeps the bearish trend scenario valid for today, supported by stochastic loss to the positive momentum ...

Crude oil price attempts to recover – Analysis - 26-03-2021

2021-03-26 04:43:09 GMT (Economies.com)
Crude oil price shows positive trades after touching 57.40 level yesterday, to head towards potential retest to the key resistance 59.85, noticing that the EMA50 continues to press negatively on the ...
  Symbol Last Change Chg.%
1.1979
0.0067
0.5667%
1.3779
0.0031
0.2226%
Tadawul
9847.62
27.59
0.28%
25.425
0.330
1.315%
62.883
2.493
4.128%
66.40
2.74
4.30%
1736.830
-0.105
0.006%
 
 
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