CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 70.88% 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 05/01/2026

Fundamental analysis

05 January, 2026

Crude Oil traded below the $57.30 level in the European session.
Oil prices fell below $57.30 per barrel on Monday as investors assessed the implications of the US attack on Venezuela and the capture of President Nicolas Maduro. Markets are weighing the potential impact on regional crude supply, given that Venezuela holds the world’s largest proven oil reserves.

Technical analysis

Crude Oil Analysis Technical analysis 05/01/2026
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 05/01/2026

Support & Resistance Level Explanation
Resistance 2 57.92 Daily R2
Resistance 1 57.64 Daily R1
Support 1 56.88 Daily S1
Support 2 56.60 Daily S2

CRUDEOIL Indicator Table - 05/01/2026

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

CRUDEOIL Indicator / Period Table - 05/01/2026

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

CRUDEOIL 05/01/2026 - Reference Price : 57.40

Buy
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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Crude OIL Chart
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