NEWS: Crude oil price is falling -2.5% as Ukraine peace deal talks continue ahead of November 27th deadline.
Possible Scenarios:
If Crude oil fails to breach through S1 of 56.783, our Research Department expects the Crude oil to undergo a short- term upward correction.
If Crude oil manages to break below its S1 of 56.783, our Research Department expects the Crude oil to extend its losses to its S2 of 56.301
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
55.819 |
56.301 |
56.783 |
57.426 |
58.069 |
58.551 |
59.033 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.64 |
(+/-) £76.17 |
|||
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.15420
***GBP/USD = 1.31281
Calculations for exchange rate used as of Tuesday, November 25 2025, 12:50 GMT