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

EU Session Analysis for CFD Instruments 26/11/2021

Fundamental analysis

26 November, 2021

Oil prices slid more than 2% on Friday on concerns that a global supply surplus could swell in the first quarter following a U.S.-led coordinated release of crude reserves among major consumers and as a new COVID-19 variant spooked investors.

Technical analysis

Crude Oil Analysis Technical analysis 26/11/2021
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 26/11/2021

Support & Resistance Level Explanation
Resistance 2 77.386 Daily R2
Resistance 1 76.642 Daily R1
Support 1 74.658 Daily S1
Support 2 73.914 Daily S2

CRUDEOIL Indicator Table - 26/11/2021

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

CRUDEOIL Indicator / Period Table - 26/11/2021

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

CRUDEOIL 26/11/2021 - Reference Price : 75.650

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