Crude oil price is falling -1.4%
October 19, 2026
NEWS: Crude oil price is falling -1.4% after President Trump relaxed energy sanctions against Russia
Possible Scenarios:
If Crude oil fails to breach through S1 of 95.936, our Analysis Department expects Crude oil to undergo a short- term upward correction.
If Crude oil manages to break below its S1 of 95.936, our Analysis Department expects Crude oil to extend its losses to its S2 of 94.861
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
93.785 |
94.861 |
95.936 |
97.370 |
98.804 |
99.880 |
100.955 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €89.26 |
(+/-) £75.1 |
|||
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.12027
***GBP/USD = 1.33159
Calculations for exchange rate used as of Monday, October 19, 2026, 9:17: AM