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

EU Session Analysis for CFD Instruments 13/10/2023

Fundamental analysis

13 October, 2023

Crude Oil is trading steady today at 83.70.
Oil markets experienced notable gains in early trading on Friday, driven by a combination of geopolitical tensions and new U.S. sanctions against Russian crude exports. In the morning hours West Texas Intermediate (WTI) was trading at $83.55 per barrel, showing a 0.8% increase.

Technical analysis

Crude Oil Analysis Technical analysis 13/10/2023
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 13/10/2023

Support & Resistance Level Explanation
Resistance 2 85.40 Daily R2
Resistance 1 84.68 Daily R1
Support 1 82.76 Daily S1
Support 2 82.04 Daily S2

CRUDEOIL Indicator Table - 13/10/2023

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

CRUDEOIL Indicator / Period Table - 13/10/2023

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

CRUDEOIL 13/10/2023 - Reference Price : 83.67

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