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Crude Oil Price Forecast & Predictions

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Crude OilCL95.9130
+3.17%
Sep 9, 11:34 UTC
Open

Technical Outlook

FXEmpire analysts don’t currently publish price targets for this instrument. The signal below is generated from 22 technical indicators and updates through the trading day.
Overall Signal
Strong Buy
4 Sell2 Neutral16 Buy
Crude Oil: Strong Buy on the Daily timeframeSignal upgraded from Buy yesterdayUpdated Sep 9, 06:43 UTC
Key levels today · based on daily pivot points
Nearest support95.1160
Price now95.9130
Next resistance97.5450
Weekly range
88.3555 – 101.703from current volatility

Seasonality

+3.3%
Jan
+3.6%
Feb
+1.8%
Mar
+5.3%
Apr
+2.8%
May
+0.4%
Jun
-1.8%
Jul
-1.1%
Aug
-1.4%
Sep
-3.3%
Oct
-0.1%
Nov
+1.2%
Dec
September averages -1.4% over the last 20 years
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