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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Crude Oil Analysis

US Session Analysis for CFD Instruments 30/12/2024

Fundamental analysis

30 December, 2024

Crude Oil traded below the $71 level in the European session.

Oil prices were slightly lower on Monday in thin holiday trade at the end of the year, as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world's two largest oil consumers.

Technical analysis

Crude Oil Analysis Technical analysis 30/12/2024
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 30/12/2024

Support & Resistance Level Explanation
Resistance 2 71.24 Daily R2
Resistance 1 70.93 Daily R1
Support 1 70.11 Daily S1
Support 2 69.80 Daily S2

CRUDEOIL Indicator Table - 30/12/2024

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 - 30/12/2024

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

CRUDEOIL 30/12/2024 - Reference Price : 70.62

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