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 increasing 3.7%, after traders remain worried that US-Iran peace efforts remain stalled
Possible Scenarios:
If Crude oil fails to breach through R2 of 92.648, our Analysis Department expects Crude oil to undergo a short- term downward correction.
If Crude oil manages to break above its R2 of 92.648, our Analysis Department expects Crude oil to extend its gains to its R3 of 94.031.
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
84.809 |
86.192 |
87.576 |
89.420 |
91.264 |
92.648 |
94.031 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €88.44 |
(+/-) £75.49 |
|||
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.13069
***GBP/USD = 1.32469
Calculations for exchange rate used as of Thursday, October 1, 2026, 8:30: AM