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
 

Midday update for Crude oil 26-02-2021

2021-02-26 11:26:14 GMT (Economies.com)
Crude oil price faced new negative pressure to approach the key support 62.40, but it rebounds bullishly to settle above 62.95 now, which keeps the bullish trend scenario valid and active for today, ...

Crude oil price tests the support base – Analysis - 26-02-2021

2021-02-26 04:57:07 GMT (Economies.com)
Crude oil price returns to test the minor support base 62.95 and still above it until now, which keeps our bullish overview valid, organized inside the bullish channel that appears on the chart, ...

Update: Crude oil price leans on the minor support

2021-02-25 17:16:12 GMT (Economies.com)
Crude oil price tested the minor support base 62.95 and bounced bullishly from there, to keep the bullish trend scenario valid and active for the upcoming period, supported by the EMA50 that carries ...

Midday update for Crude oil 25-02-2021

2021-02-25 10:51:59 GMT (Economies.com)
Crude oil price provides new positive trades now to move away from 63.00, reinforcing the expectations of continuing the main bullish trend, and we believe that the way is open to achieve our next ...

Crude oil price achieves good gains – Analysis - 25-02-2021

2021-02-25 05:14:21 GMT (Economies.com)
Crude oil price achieved additional rise yesterday to surpass 63.00 barrier and settles above it, which supports the continuation of the bullish trend expectations on the intraday and short term ...

Midday update for Crude oil 24-02-2021

2021-02-24 10:35:18 GMT (Economies.com)
Crude oil price trades with clear positivity to reach the key resistance 62.30, and as we mentioned this morning, breaching this level will ease the mission of continuing the main bullish trend, ...

Crude oil price under the negative pressure – Analysis - 24-02-2021

2021-02-24 05:25:05 GMT (Economies.com)
Crude oil price bounced downwards clearly after reaching 63.00 barrier, to break the intraday bullish channel’s support line and settles below it, but we notice that stochastic got rid of its ...

Midday update for Crude oil 23-02-2021

2021-02-23 10:10:35 GMT (Economies.com)
Crude oil price settles above the intraday bullish channel’s support line that appears on the chart, getting continuous positive support by the EMA50, to keep our bullish overview valid for ...

Crude oil price surpasses the target – Analysis - 23-02-2021

2021-02-23 04:56:37 GMT (Economies.com)
Crude oil price rallied upwards strongly to succeed touching our waited target at 62.00, and breached it to close the candlestick above it, which supports the continuation of the bullish trend on the ...

End of day analysis for Crude oil 22-02-2021

2021-02-22 17:48:17 GMT (Economies.com)
Crude oil price succeeded to breach 60.30 level and settled above it, to get good positive motive that supports the expectations of continuing the bullish trend, and the way is open to visit 62.00 ...

Midday update for Crude oil 22-02-2021

2021-02-22 10:12:31 GMT (Economies.com)
Crude oil price tested 60.30 without managing to breach it until now, to show negative trades on its way for potential test to 58.80 areas, which represents the first protection factor to the ...

Crude oil price draws positive formation – Analysis - 22-02-2021

2021-02-22 05:18:23 GMT (Economies.com)
Crude oil price bounced bullishly after it found solid support barrier at 59.00, and by taking a deeper look at the chart, we find that the price draws double bottom pattern that its confirmation ...

Midday update for Crude oil 19-02-2021

2021-02-19 10:44:55 GMT (Economies.com)
Crude oil price keeps its stability below the broken support of the minor bullish channel, to keep the bearish trend scenario active for today, which its main target located at 57.55, reminding you ...

Crude oil price breaks the support – Analysis - 19-02-2021

2021-02-19 05:03:13 GMT (Economies.com)
Crude oil price broke the intraday bullish channel’s support line strongly and settled below it, which puts the price under expected negative pressure in the upcoming sessions, targeting ...
  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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