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 21/04/2022

Fundamental analysis

21 April, 2022

Oil prices rose on Thursday as concerns about supply as the European Union mulls a potential ban on Russian oil imports, days after diminished supplies from Libya rocked the market. Libya, a member of OPEC, on Wednesday said the country was losing more than 550,000 barrels per day of oil output due to blockades at major fields and export terminals.

Technical analysis

Crude Oil Analysis Technical analysis 21/04/2022
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 21/04/2022

Support & Resistance Level Explanation
Resistance 2 106.707 Daily R2
Resistance 1 105.225 Daily R1
Support 1 101.275 Daily S1
Support 2 99.793 Daily S2

CRUDEOIL Indicator Table - 21/04/2022

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

CRUDEOIL Indicator / Period Table - 21/04/2022

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

CRUDEOIL 21/04/2022 - Reference Price : 103.250

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