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: 2024-04-18 00:25AM UTC
82.725
Crude oil price trades with strong negativity to break the bullish channel’s support line and begin bearish correction for the rise that started from 71.35$ areas, paving the way to achieve ...
Trend Forecast for Crude Oil Price Expected Scenario upon Breaching 85.40$ Level Crude oil price shows weak trades since morning, settling around 85.00$ barrier. Waiting to breach 85.40$ to ...
Crude Oil Price Analysis Expected Scenario Crude oil price encountered solid resistance formed by the EMA50 at 85.45$, resulting in a slight bearish bias. However, positive momentum is ...
Crude Oil Price Forecast Crude oil price trades negatively to press on 85.45$ support line, which urges caution from the upcoming trading, as confirming the break and holding below this level will ...
Crude Oil Price Analysis Expected Scenario Crude oil price’s decline stopped near 84.00$ barrier, and bounced upwards clearly to breach 86.00$ level and settles above it, which stops ...
Crude Oil Price Analysis Expected Scenario The price of crude oil resumes its negative trading, breaking below 84.90$ and attempting to hold below it. This reinforces expectations of ...
Crude Oil Price Analysis Halt in Price Rise Crude oil price's rise halted at the first target of $87.75, leading to a clear rebound downwards and surpassing the EMA50. The price is now heading ...
Crude oil price rallied upwards to reach our first waited positive target at 87.75$, waiting for more rise to achieve additional gains that reach 89.05$, to continue suggesting the bullish trend for ...
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its positive trading to move away from 86.00$ barrier, reinforcing the expectations of continuing the bullish trend for ...
Crude Oil Price Analysis Expected Scenario Crude oil price ended yesterday with clear positivity, starting today with additional rise to attempt to confirm surpassing the resistance ...