CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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 22/08/2022

Fundamental analysis

22 August, 2022

Oil prices fell on Monday, ending three days of gains, as investors were concerned aggressive U.S. interest rate hikes will weaken the global economy and dent fuel demand while a strengthening dollar also added to pressure.

Technical analysis

Crude Oil Analysis Technical analysis 22/08/2022
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 22/08/2022

Support & Resistance Level Explanation
Resistance 2 93.17 Daily R2
Resistance 1 91.94 Daily R1
Support 1 88.64 Daily S1
Support 2 87.41 Daily S2

CRUDEOIL Indicator Table - 22/08/2022

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

CRUDEOIL Indicator / Period Table - 22/08/2022

Indicator / Period Day - BuyWeek - SellMonth - Buy
MACD( 12;26;9) Buy SellBuy
RSI (14) Buy SellBuy
SMA 20 Buy SellBuy

CRUDEOIL 22/08/2022 - Reference Price : 90.53

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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