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 21/06/2022

Fundamental analysis

21 June, 2022

Oil prices rose on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on Russian oil after its invasion of Ukraine. Prices have been supported by supply anxiety after sanctions on oil shipments from Russia, the world's second-largest oil exporter, and questions over how Russian output might fall due to sanctions on equipment needed for production.

Technical analysis

Crude Oil Analysis Technical analysis 21/06/2022
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 21/06/2022

Support & Resistance Level Explanation
Resistance 2 114.356 Daily R2
Resistance 1 112.618 Daily R1
Support 1 107.982 Daily S1
Support 2 106.244 Daily S2

CRUDEOIL Indicator Table - 21/06/2022

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 - 21/06/2022

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

CRUDEOIL 21/06/2022 - Reference Price : 110.300

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