Crude Oil Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Crude Oil price is currently demonstrating bullish momentum as it trades at 74.180, well above its SMA of 72.674. Following a brief corrective phase that found strong buying support around the 71.85 level, the asset has rallied back up and is currently consolidating just below immediate structural resistance at 75.025. A successful breakout above this 75.025 ceiling would clear the path for a continuation toward the major resistance target at 76.500, whereas a failure to break through may result in a minor pullback to test the dynamic support of the SMA or the horizontal floor at 71.85.





Overall rise in market volatility this week may amplify market participant consensus.
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Tue, 14 Jul 2026 12:44:50 GMT

Crude Oil Techical Analysis

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