CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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

EU Session Analysis for CFD Instruments 22/10/2024

Fundamental analysis

22 October, 2024

Crude Oil is trading today in the Asian session above the $69 level.

Oil prices were slightly lower on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world's top oil importer, continued to weigh on the market.

Technical analysis

Crude Oil Analysis Technical analysis 22/10/2024
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 22/10/2024

Support & Resistance Level Explanation
Resistance 2 71.10 Daily R2
Resistance 1 70.52 Daily R1
Support 1 68.96 Daily S1
Support 2 68.38 Daily S2

CRUDEOIL Indicator Table - 22/10/2024

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

CRUDEOIL Indicator / Period Table - 22/10/2024

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

CRUDEOIL 22/10/2024 - Reference Price : 69.74

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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