Crude Oil (CL) Price Live
- Crude Oil57.145+2.5450(+4.6600%)21:21:33(GMT)|Real-Time Data, quoted in USD
- OpenN/A
- Day's Range54.500 - 57.340
- ClassCommodities
- Bid/Ask57.130/57.160
- SymbolCL
- Subclass / SectorEnergy
Crude OilForecasts
all forecasts- David Becker
US Stock Market Overview – S&P 500 Closes Fresh All-time High; Energy Shares Outperform
Crude oil surges 5% lifting energy shares
- Christopher Lewis
Crude Oil Price Forecast – Crude oil markets explode to the upside
Crude oil markets rocketed to the upside during the trading session on Thursday as the Federal Reserve has stepped away from any type of hawkish in this. With this, the US dollar fell apart and of course the Iranian situation keeps getting more tense, adding more fuel to the fire.
- James Hyerczyk
Crude Oil Price Update – Trend Changed to Up; First Target $57.41
Based on the early upside action and the strong momentum, the direction of the August WTI crude oil market the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at $56.29. The breakout over $54.99 confirms the minor double-bottom. Simple analysis indicates
- Stephen Innes
Lots of Positives for Traders to Run with this Morning
I should have listened to my old boss from my bank day’s and loaded up on more US treasuries. But at least I did let my inner gold bug out of the jar this week so that I can take some solace in that extended position.
- James Hyerczyk
Oil Price Fundamental Daily Forecast – Series of Bullish Events Shifts Momentum to Upside
WTI crude oil changed trend when buyers took out $54.99. If the upside momentum continues then were looking for a minimum test of $57.41 over the short-run. The trend will change to up for Brent crude oil when buyers take out the main top at $64.13. This should trigger an
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| Time | Currency | Events | Importance | Actual | Forecast | Previous | |
|---|---|---|---|---|---|---|---|
| 01:30 | AUD | 01:30 RBA Bulletin | MediumM | Actual | Forecast | Previous | |
| 02:35 | AUD | 02:35 RBA Gov Lowe Speech | MediumM | Actual | Forecast | Previous | |
| 03:00 | JPY | 03:00 BoJ Interest Rate Decision | MediumM | Actual -0.1% | Forecast -0.1% | Previous -0.1% | |
| 06:00 | CHE | 06:00 Balance of Trade | MediumM | Actual CHF1.7B | Forecast | Previous CHF1.9B | |
| 07:30 | EUR | 07:30 ECB Guindos Speech | MediumM | Actual | Forecast | Previous | |
| 08:00 | EUR | 08:00 ECB Economic Bulletin | MediumM | Actual | Forecast | Previous | |
| 08:00 | EUR | 08:00 European Council Meeting | MediumM | Actual | Forecast | Previous |
Crude OilTechnical Analysis
Summary
- Moving AveragesBUY(18)
- IndicatorsNEUTRAL(7)
Moving Averages
| SIMPLE | EXP. | WEIGHTED | |
|---|---|---|---|
| MA (5) | 54.147 | 54.089 | 54.150 |
| MA (10) | 53.884 | 53.953 | 54.036 |
| MA (20) | 53.716 | 53.762 | 53.817 |
| MA (50) | 53.205 | 53.309 | 53.557 |
| MA (100) | 52.611 | 53.089 | 52.951 |
| MA (200) | 53.182 | 53.182 | 52.806 |
Trend Indicators
| MACD (12,26,9) | 0.2497 |
| ADX (14) | 41.0214 |
| RSI (14) | 59.9869 |
| Williams %R (14) | -30.1418 |
| Stochastic RSI (14) | 37.3243 |
| ROC (10) | 1.1979 |
| CCI (14) | 68.6175 |
| Ultimate oscillator (7,14,28) | 50.3454 |
| Stochastic Fast (14) | 69.8582 |
| ATR (14) | 0.4101 |
| BBands (20) | 1.2457 |
Pivot Points
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | 53.723 | 53.861 | 53.963 | 54.101 | 54.203 | 54.341 | 54.443 |
| fibonacci | 53.861 | 53.953 | 54.009 | 54.101 | 54.193 | 54.249 | 54.341 |
| camarilla | 53.764 | 53.785 | 53.805 | 54.101 | 54.324 | 54.344 | 54.344 |
| woodie | N/A | 40.336 | 26.912 | 40.576 | 27.152 | 40.816 | N/A |
| demark | N/A | N/A | 54.032 | 54.136 | 54.272 | N/A | N/A |
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | |||||||
| fibonacci | |||||||
| camarilla | |||||||
| woodie | |||||||
| demark |
