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 17/04/2023

Fundamental analysis

17 April, 2023

Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world's second-largest oil consumer.

Technical analysis

Crude Oil Analysis Technical analysis 17/04/2023
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 17/04/2023

Support & Resistance Level Explanation
Resistance 2 83.268 Daily R2
Resistance 1 82.750 Daily R1
Support 1 81.370 Daily S1
Support 2 80.852 Daily S2

CRUDEOIL Indicator Table - 17/04/2023

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

CRUDEOIL Indicator / Period Table - 17/04/2023

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

CRUDEOIL 17/04/2023 - Reference Price : 82.060

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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