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 25/03/2021

Fundamental analysis

25 March, 2021

Oil prices fell on Thursday as a new round of coronavirus restrictions in Europe revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers in the Suez Canal. Both contracts jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, one of the world’s most important oil shipping routes. The Suez Canal Authority said on Thursday it had suspended traffic temporarily while eight tugs work to free the vessel.

Technical analysis

Crude Oil Analysis Technical analysis 25/03/2021
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 25/03/2021

Support & Resistance Level Explanation
Resistance 2 62.314 Daily R2
Resistance 1 61.177 Daily R1
Support 1 58.143 Daily S1
Support 2 57.006 Daily S2

CRUDEOIL Indicator Table - 25/03/2021

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

CRUDEOIL Indicator / Period Table - 25/03/2021

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

CRUDEOIL 25/03/2021 - Reference Price : 59.660

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