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 09/02/2026

Fundamental analysis

09 February, 2026

Crude Oil is trading today in the European session above the $63.50 level.
Oil prices are gaining momentum in the European session, as traders are still paying close attention to the high stakes US-Iran negotiations continuing this week, tensions remain high as both countries continue preparing military assets in the region. These negotiations could break down any moment and the situation can escalate, repeating what happened in June of 2025. Meanwhile, India has agreed to significantly reduce its purchases of Russian oil which can tighten supply and elevate demand in the Oil Markets.

Technical analysis

Crude Oil Analysis Technical analysis 09/02/2026
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 09/02/2026

Support & Resistance Level Explanation
Resistance 2 64.58 Daily R2
Resistance 1 63.83 Daily R1
Support 1 61.84 Daily S1
Support 2 61.09 Daily S2

CRUDEOIL Indicator Table - 09/02/2026

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

CRUDEOIL Indicator / Period Table - 09/02/2026

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

CRUDEOIL 09/02/2026 - Reference Price : 62.87

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