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 02/07/2025

Fundamental analysis

02 July, 2025

Crude Oil is trading today in the Asian session above the $65 level.
Oil prices were little changed on Wednesday as markets weighed expectations from more supply from major producers next month, a softer U.S. dollar and a mixed bag of economic and market indicators from the U.S., the world's largest oil consumer.

Technical analysis

Crude Oil Analysis Technical analysis 02/07/2025
Time Frame: 1 hour

CRUDEOIL Support & Resistance Table - 02/07/2025

Support & Resistance Level Explanation
Resistance 2 66.53 Daily R2
Resistance 1 66.11 Daily R1
Support 1 64.96 Daily S1
Support 2 64.54 Daily S2

CRUDEOIL Indicator Table - 02/07/2025

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

CRUDEOIL Indicator / Period Table - 02/07/2025

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

CRUDEOIL 02/07/2025 - Reference Price : 65.54

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