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Crude Oil Price Forecast & Predictions

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Crude OilCL102.656
-1.12%
Oct 27, 11:50 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
Buy
4 Sell3 Neutral15 Buy
Crude Oil: Buy on the Daily timeframeSignal downgraded from Strong Buy earlier today●Updated Oct 27, 08:59 UTC
Key levels today · based on daily pivot points
Nearest support101.784
Price now102.656
Next resistance103.288
Weekly range
95.2817 – 110.938from current volatility

Seasonality

+0.7%
Jan
+3.4%
Feb
+2.9%
Mar
+2.4%
Apr
+4.0%
May
+3.4%
Jun
+0.8%
Jul
-1.9%
Aug
-0.1%
Sep
-0.4%
Oct
-3.4%
Nov
+0.2%
Dec
October averages -0.4% over the last 20 years
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