CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
October 1, 2026
NEWS: Crude oil price is falling -1.5% as volatility rises with the commodity.
Possible Scenarios:
If Crude oil fails to breach through S2 of 89.502, our Analysis Department expects Crude oil to undergo a short- term upward correction.
If Crude oil manages to break below its S2 of 89.502, our Analysis Department expects Crude oil to extend its losses to its S3 of 88.119
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
88.119 |
89.502 |
90.886 |
92.730 |
94.574 |
95.958 |
97.341 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €88.58 |
(+/-) £75.6 |
|||
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.12889
***GBP/USD = 1.32269
Calculations for exchange rate used as of Thursday, October 1, 2026, 15:35: GMT +1