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
 

End of day analysis for Crude oil 18-02-2021

2021-02-18 18:26:25 GMT (Economies.com)
Crude oil price faces additional negative pressure to approach the intraday bullish channel’s support line, and as we mentioned in our major reports, the price needs to hold above 59.75 to keep ...

Midday update for Crude oil 18-02-2021

2021-02-18 10:41:43 GMT (Economies.com)
Crude oil price shows negative trades now to approach 61.00 level, affected by stochastic negativity, and as long as the price is above 59.75, our bullish overview will remain valid for today, ...

Crude oil price achieves new gains – Analysis - 18-02-2021

2021-02-18 05:08:34 GMT (Economies.com)
Crude oil price traded with strong positivity yesterday, and it touched 62.00$ barrier by today’s open, which supports the continuation of the main bullish trend scenario, organized inside the ...

Midday update for Crude oil 17-02-2021

2021-02-17 10:43:09 GMT (Economies.com)
Crude oil price resumes its positive trading to move above 60.00$ barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, which targets 63.35 as a next main ...

Crude oil price keeps its positive stability – Analysis - 17-02-2021

2021-02-17 05:01:45 GMT (Economies.com)
Crude oil price settles inside the intraday bullish channel that appears on the chart, getting continuous positive support by the EMA50, which keeps the bullish trend scenario valid and active for ...

Midday update for Crude oil 16-02-2021

2021-02-16 10:33:44 GMT (Economies.com)
Crude oil price faces negative pressure to test the key support 59.65, and as we mentioned this morning, the price needs to hold above this level to keep the positive scenario active for today, as ...

Crude oil price gathers the positive momentum – Analysis - 16-02-2021

2021-02-16 05:13:15 GMT (Economies.com)
Crude oil price provided calm negative trades to lean on 60.00 barrier and attempts to rise again, noticing that stochastic gets rid of its negative momentum to approach the oversold areas, waiting ...

Crude oil price achieves strong gains – Analysis - 15-02-2021

2021-02-15 04:50:24 GMT (Economies.com)
Crude oil price rallied upwards sharply on last Friday to breach 58.88 and settles above it, starting today with more rise to reach the thresholds of 61.00 barrier, which leads the price to resume ...

Update: Crude oil achieves strong gains

2021-02-12 17:05:41 GMT (Economies.com)
Crude oil price rallied upwards strongly after approaching our waited target at 57.17, to breach 58.88 and opens the way to resume the main bullish trend, on its way to achieve more gains that start ...

Midday update for Crude oil 12-02-2021

2021-02-12 10:51:20 GMT (Economies.com)
Crude oil price reaches the thresholds of the waited target at 57.17, and we need to monitor the price bahavior now, as breaking this level will extend the correctional bearish wave to target 56.11 ...

Crude oil price continues to decline – Analysis - 12-02-2021

2021-02-12 05:01:19 GMT (Economies.com)
Crude oil price managed to break the negative pattern’s support line mentioned yesterday, to trade negatively and approaches our waited target at 57.17, to keep the bearish bias suggested for ...

Midday update for Crude oil 11-02-2021

2021-02-11 10:16:58 GMT (Economies.com)
Crude oil price fluctuates around the negative pattern’s support line that its signs appear on the chart, and the correctional bearish scenario still suggested for today as long as 58.90 level ...

Crude oil price heads towards some bearish correction – Analysis - 11-02-2021

2021-02-11 04:59:09 GMT (Economies.com)
Crude oil price faces difficulty to continue the rise, noticing that the recent trades are confined inside negative pattern that we believe it will push the price to start temporary correctional ...

Midday update for Crude oil 10-02-2021

2021-02-10 11:18:23 GMT (Economies.com)
Crude oil price rallies upwards strongly to surpass the minor resistance that appears on the chart, which supports the continuation of our bullish overview efficiently for the rest of the day, and ...
  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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