September 14, 2026
NEWS: Crude oil price increased 0.9%, as more Houthi attacks on Saudi Arabia and new strikes in the Strait of Hormuz increased concerns about oil supply disruptions in the region.
Possible Scenarios:
If Crude oil fails to breach through R1 of 99.602, our Analysis Department expects Crude oil to undergo a short- term downward correction.
If Crude oil manages to break above its R1 of 99.602, our Analysis Department expects Crude oil to extend its gains to its R2 of 101.052.
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
92.839 |
94.288 |
95.738 |
97.670 |
99.602 |
101.052 |
102.501 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.69 |
(+/-) £74.19 |
|||
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.15350
***GBP/USD = 1.34796
Calculations for exchange rate used as of Monday, September 14, 2026, 9:34: AM