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. 70.41% 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 27/04/2022

Fundamental analysis

27 April, 2022

During most of European trade, the price of crude oil slowed, leaving earlier gains. Russia has decided to suspend natural gas deliveries to Poland and Bulgaria because the two countries did not pay their bills in rubles. The American Petroleum Institute announced last night that the stocks of crude oil in the USA increased by 4.78 million barrels. At around 13:00, crude oil was trading at $ 101.95 per barrel, an increase of 0.01% since the start of trading tonight. At 4:30 p.m. an official government report will be released on the state of crude oil and petroleum products in the United States.

Technical analysis

Crude Oil Analysis Technical analysis 27/04/2022
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 27/04/2022

Support & Resistance Level Explanation
Resistance 2 104.93 Daily R2
Resistance 1 103.62 Daily R1
Support 1 100.12 Daily S1
Support 2 98.81 Daily S2

CRUDEOIL Indicator Table - 27/04/2022

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

CRUDEOIL Indicator / Period Table - 27/04/2022

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

CRUDEOIL 27/04/2022 - Reference Price : 101.92

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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