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 20/11/2023

Fundamental analysis

20 November, 2023

Crude oil is trading at around 76.83.
Oil futures edged higher on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices that have fallen for four weeks on demand concerns and Middle East supply disruption owing to the Israel-Hamas conflict.

Technical analysis

Crude Oil Analysis Technical analysis 20/11/2023
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 20/11/2023

Support & Resistance Level Explanation
Resistance 2 79.241 Daily R2
Resistance 1 78.392 Daily R1
Support 1 76.128 Daily S1
Support 2 75.279 Daily S2

CRUDEOIL Indicator Table - 20/11/2023

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

CRUDEOIL Indicator / Period Table - 20/11/2023

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

CRUDEOIL 20/11/2023 - Reference Price : 77.260

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