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
 

Oil attacks the retest level

2012-11-19 16:05:50 GMT (Economies.com)
Crude oil price resumes the positive rally attacking the retest level of 88.65   Carefully watch the next trading, as holding above this level will offer signals for more potential gains in ...

Midday update for Crude Oil 19/11/2012

2012-11-19 11:08:57 GMT (Economies.com)
Crude oil trades with slight bullish bias since morning in attempt to head towards the retest level at 88.65, while our neutrality remains generally valid until offering clearer signals for the ...

Crude Oil Weekly Technical Report 19-23/11/2012

2012-11-19 08:12:10 GMT (ecPulse)
  Oil surged to the upside exceeding 86.10-86.20 levels and touched the bearish correction channel resistance which meets with the retest level at 87.70, in line with Stochastic entering ...

Crude Oil heads to the retest levels 19/11/2012

2012-11-19 06:07:06 GMT (Economies.com)
Crude oil rallied higher strongly accompanied with the future contracts' roll-over, while approaching gradually from the retest level of the previous breached neckline for the head and shoulders ...

Midday update for Crude Oil 16/11/2012

2012-11-16 11:22:54 GMT (Economies.com)
The price trades in sideways range since morning keeping its’ stability below 86.00, to keep our bearish trend scenario remains valid and active, unless 86.00 was breached which will lead to ...

Crude Oil resumes the decline 16/11/2012

2012-11-16 06:06:53 GMT (Economies.com)
The price declined again to settle below 86.00, while stochastic resumes losing its bullish momentum during the recent sideways trading.   For now, the bearish bias return is expected, which ...

Midday update for Crude Oil 15/11/2012

2012-11-15 11:02:53 GMT (Economies.com)
Very week move can be seen on the price since the morning, and it continues to fluctuate between 86.30 and 86.40, therefore, our neutrality remains valid until surpassing one of the morning-pointed ...

Crude Oil achieve intraday positive action 15/11/2012

2012-11-15 06:08:23 GMT (Economies.com)
Crude oil’s trading settled above 86.00, and we mentioned previously that this is the factor that might pause the intraday bearishness, while there’re chances to move towards the retest ...

Midday update for Crude Oil 14/11/2012

2012-11-14 11:18:33 GMT (Economies.com)
Crude oil attempts to achieve some positivity and approaching from the critical level 86.00, while stabilizing below it is considered as the major factor for achieving the expected bearish bias for ...

Crude Oil hits some bearish targets 14/11/2012

2012-11-14 06:01:25 GMT (Economies.com)
Crude oil achieved some bearish moves yesterday hitting levels near to 84.50, to bounce achieving some bullishness but it still stable below 86.00, and that’s what makes us continue in our ...

Midday update for Crude Oil 13/11/2012

2012-11-13 11:16:31 GMT (Economies.com)
Crude oil was able to breach 85.00 this morning, followed by a retesting process for this breach, to bounce lower from there and reinforces our bearish trend scenario for today which remains valid ...

Crude Oil resumes the bearish bias 13/11/2012

2012-11-13 06:01:23 GMT (Economies.com)
Crude oil was able to settle again below 86.00 approaching now from 85.00 level, which turns back the bearish scenario that mainly depends on the negative pressure coming from the major Head & ...

Crude Oil provides positive trading 12/11/2012

2012-11-12 06:24:09 GMT (Economies.com)
The price traded with bullish bias affected by stochastic positivity, as the price settles above 86.00, and we might witness more upside actions to test levels around 87.00.   For now, ...

Crude Oil Weekly Technical Report 29/10-2/11/2012

2012-10-29 14:43:56 GMT (ecPulse)
   Oil stabilizes below 61.8% Fibonacci at 86.25 while EMA 50 continues to pressure the price negatively. In the interim, Stochastic presents bearish signs and thus, we will be bearish ...
  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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