CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Crude Oil Analysis

US Session Analysis for CFD Instruments 01/03/2021

Fundamental analysis

01 March, 2021

Crude Oil prices rose on Monday ahead of this week’s OPEC+ meeting on Thursday and Friday. The cartel will decide how much to increase reproduction moving forward, and Saudi Arabia is expected to announce whether or not they will continue their voluntary 1 million bpd cut in production.

Technical analysis

Crude Oil Analysis Technical analysis 01/03/2021
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 01/03/2021

Support & Resistance Level Explanation
Resistance 2 63.588 Daily R2
Resistance 1 62.925 Daily R1
Support 1 61.155 Daily S1
Support 2 60.492 Daily S2

CRUDEOIL Indicator Table - 01/03/2021

Indicator Signal
SMA 20 Sell
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Sell
Stochastic ( 9;6;3) Buy

CRUDEOIL Indicator / Period Table - 01/03/2021

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Sell BuyBuy
SMA 20 Sell BuyBuy

CRUDEOIL 01/03/2021 - Reference Price : 62.040

Sell
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
Crude OIL Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now