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.

63.092
Your capital is at risk
Change
2.702
Change %
4.474%
Open
60.390
Close
63.092
High
63.894
Low
62.815
 

Crude oil price continues to recover – Analysis - 22-03-2021

2021-03-22 05:01:14 GMT (Economies.com)
Crude oil price’s rise stopped near 62.00$ barrier, settling around 61.00 now, to face contradiction between the technical factors, which makes us prefer staying aside until we get clearer ...

Update: Crude oil price recovers clearly

2021-03-19 17:09:33 GMT (Economies.com)
Crude oil price shows additional positive trades now to reinforce the chances of turning to rise and recover in the upcoming sessions, on its way to visit 62.90 mainly, being aware that it is ...

Midday update for Crude oil 19-03-2021

2021-03-19 11:34:22 GMT (Economies.com)
Crude oil price trades positively to settle around 60.00 now, waiting to get negative motive that assist to push the price to break 59.85 and confirm extending the correctional bearish wave, noting ...

Crude oil price hits the extended negative targets – Analysis - 19-03-2021

2021-03-19 05:10:27 GMT (Economies.com)
Crude oil price continued the strong decline to touch our extended negative target at 59.20, noticing that the price closed the daily candlestick below 23.6% Fibonacci correction level for the rise ...

Update: Crude oil price suffers strong losses

2021-03-18 17:34:13 GMT (Economies.com)
Crude oil price declined sharply to surpass our waited target at 62.50 and presses on extended support areas at 61.25, paving the way to suffer more losses that reach 59.20, to keep the bearish bias ...

Midday update for Crude oil 18-03-2021

2021-03-18 10:07:16 GMT (Economies.com)
Crude oil price resumes its negative trading to reach 63.55 now, to keep the bearish trend scenario valid and active for today, which its targets extend to 62.50, noting that the EMA50 supports the ...

Crude oil price under the negative pressure – Analysis - 18-03-2021

2021-03-18 05:04:59 GMT (Economies.com)
Crude oil price settles below 64.55, to keep the negative pressure valid for the upcoming period, waiting for new negative trades to break 63.55 level and open the way to visit our next target at ...

End of day analysis for Crude oil 17-03-2021

2021-03-17 18:36:03 GMT (Economies.com)
Crude oil price traded with strong negativity to achieve our first waited target at 63.55 and returns to fluctuate around 64.55, and the price needs to hold below the last level to confirm the ...

Midday update for Crude oil 17-03-2021

2021-03-17 10:05:08 GMT (Economies.com)
Crude oil price resumes its negative trades to press on 64.55 now, which supports the continuation of our bearish overview for today, motivated by the negative overlapping signal provided by ...

Crude oil price approaches the first negative target – Analysis - 17-03-2021

2021-03-17 05:11:27 GMT (Economies.com)
Crude oil price traded with clear negativity yesterday to approach 63.55 level, but it bounced bullishly to settle above 64.55, noticing that stochastic loses its positive momentum clearly to reach ...

Midday update for Crude oil 16-03-2021

2021-03-16 10:18:18 GMT (Economies.com)
Crude oil price presses negatively on 64.55 support and settles below it now, which hints the price head to achieve more bearish correction that its next targets located at 63.55 followed by 62.50, ...

Crude oil price under the negative pressure – Analysis - 16-03-2021

2021-03-16 05:09:37 GMT (Economies.com)
Crude oil price faced strong negative pressure yesterday to break 65.15 and test the key support 64.55, which hints the price head to achieve new bearish correction, but we notice that the EMA50 ...

Midday update for Crude oil 15-03-2021

2021-03-15 10:22:29 GMT (Economies.com)
Crude oil price shows negative trades to head towards potential test to the first key support 65.15, which represent the first protection factor to the continuation of the expected bulish trend for ...

Crude oil price builds support base – Analysis - 15-03-2021

2021-03-15 05:10:07 GMT (Economies.com)
Crude oil price settles above 65.80, and attempts to build support base above this level to reinforce the continuation of the recently suggested positive scenario, which gets continuous support by ...
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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