CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

Crude Oil Analysis

US Session Analysis for CFD Instruments 13/08/2019

Fundamental analysis

13 August, 2019

Crude oil rose in Tuesday to briefly test levels above the rate of 55.00 as investors continued to believe that major oil producers led by Saudi Arabia would act if the prices fell strongly. Fears over oil demand outlook, however, continued to cap oil gains with OPEC’s monthly report expected on Tuesday to give better clues on both demand and supply side. Later in the US (21:30 GMT+1), the American Petroleum Institute will publish its weekly report on oil stocks.

Technical analysis

Crude Oil Analysis Technical analysis 13/08/2019
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 13/08/2019

Support & Resistance Level Explanation
Resistance 2 55.740 Daily R2
Resistance 1 55.276 Daily R1
Support 1 54.204 Daily S1
Support 2 53.740 Daily S2

CRUDEOIL Indicator Table - 13/08/2019

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

CRUDEOIL Indicator / Period Table - 13/08/2019

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

CRUDEOIL 13/08/2019 - Reference Price : 54.276

Buy
Simple Moving AverageBuy (2)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Instrument Monday 02.09.2019 Tuesday 03.09.2019
All Forex Regular Regular
Indices
USA 500 Early close 16:59 Regular
USA-TECH 100 Early close 16:59 Regular
USA 30 Early close 16:59 Regular
JAPAN 225 Early close 16:59 Regular
USA 2000 Early close 16:59 Regular
DOLLAR INDEX Early close 16:59 Regular
Energy
Crude oil Early close 16:59 Regular
Brent Oil Early close 16:59 Regular
Natural Gas Early close 16:59 Regular
Heating oil Early close 16:59 Regular
Gasoline Early close 16:59 Regular
Commodities
Corn Closed Regular
Soybeans Closed Regular
Wheat Closed Regular
Sugar Closed Regular
Cotton No.2 Closed Regular
Metals
Gold Early close 16:59 Regular
Silver Early close 16:59 Regular
Copper Early close 16:59 Regular
Palladium Early close 16:59 Regular
Platinum Early close 16:59 Regular
Bonds
Bonds US Early close 16:59 Regular
Equities
Equities US Closed Regular
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  • 76% 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.