Crude Oil (CL) Price Live
- Crude Oil63.485-0.0450(-0.0700%)15:20:56(GMT)|Real-Time Data, quoted in USD
- OpenN/A
- Day's Range62.590 - 63.930
- ClassCommodities
- Bid/Ask63.470/63.500
- SymbolCL
- Subclass / SectorEnergy
Crude OilForecasts
all forecasts- James Hyerczyk
Crude Oil Price Update – $63.36 Major Support; $64.07 Trigger Point for Upside Breakout
Based on the early price action and the last price at $63.45, the direction of the July WTI crude oil futures contract the rest of the session is likely to be determined by trader reaction to the major Fibonacci level at $63.36.
- Nikhil Khandelwal
USD/CAD Daily Forecast – Loonie may Correct Further as Trade Tensions Escalate
The Greenback may fall in the near term from its top levels soon as US-Sino trade talks head in the wrong direction. The Canadian economy may benefit from the recent US Aluminum-Steel tariff cuts.
- James Hyerczyk
Oil Price Fundamental Daily Forecast – Production Cut Extension Chatter Boosting Prices
The OPEC-led supply cuts have been the one constant underpinning crude oil prices since the first of the year. Although a decision to extend the program will not be made until OPEC and its allies meet in late June, today’s price action confirms that this is the main catalyst driving
- James Hyerczyk
Brent Crude Oil Price Update – Holding Above $71.31 Puts Market in Bullish Position
Based on last week’s price action and close at $71.26, the direction of the August Brent crude oil market this week is likely to be determined by trader reaction to the main Fibonacci level at $71.31.
- James Hyerczyk
Oil Price Fundamental Weekly Forecast – Supply/Demand Stalemate Likely to Lead to Rangebound Trade
For much of last week, it looked as if worries over supply disruptions were going to be the main price driver due to the relative calm being generated by renewed trade talks between the United States and China. However, this line of thought changed on Friday with the announcement that
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| Time | Currency | Events | Importance | Actual | Forecast | Previous | |
|---|---|---|---|---|---|---|---|
| 04:30 | JPY | 04:30 Industrial Production MoM Final | MediumM | Actual -0.6% | Forecast -0.9% | Previous 0.7% | |
| 04:30 | JPY | 04:30 Industrial Production YoY Final | MediumM | Actual -4.3% | Forecast -4.6% | Previous -1.1% | |
| 06:00 | EUR | 06:00 PPI MoM | MediumM | Actual 0.5% | Forecast 0.3% | Previous -0.1% | |
| 08:00 | EUR | 08:00 ECB Praet Speech | MediumM | Actual | Forecast | Previous | |
| 10:00 | EUR | 10:00 Bundesbank Monthly Report | MediumM | Actual | Forecast | Previous | |
| 12:30 | USD | 12:30 Chicago Fed National Activity Index | MediumM | Actual -0.45 | Forecast -0.33 | Previous 0.05 | |
| 12:50 | USD | 12:50 Fed Bostic Speech | MediumM | Actual | Forecast | Previous |
Crude OilTechnical Analysis
Summary
- Moving AveragesBUY(18)
- IndicatorsBUY(4)
Moving Averages
| SIMPLE | EXP. | WEIGHTED | |
|---|---|---|---|
| MA (5) | 61.744 | 61.692 | 61.688 |
| MA (10) | 61.770 | 61.722 | 61.761 |
| MA (20) | 61.749 | 61.734 | 61.715 |
| MA (50) | 61.748 | 61.745 | 61.736 |
| MA (100) | 61.703 | 61.839 | 61.757 |
| MA (200) | 62.094 | 62.094 | 61.806 |
Trend Indicators
| MACD (12,26,9) | -0.012 |
| ADX (14) | 12.6611 |
| RSI (14) | 45.5196 |
| Williams %R (14) | -51.9231 |
| Stochastic RSI (14) | 14.5503 |
| ROC (10) | 0.5307 |
| CCI (14) | -26.975 |
| Ultimate oscillator (7,14,28) | 47.5174 |
| Stochastic Fast (14) | 48.0769 |
| ATR (14) | 0.3643 |
| BBands (20) | 1.0672 |
Pivot Points
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | 61.356 | 61.433 | 61.496 | 61.573 | 61.636 | 61.713 | 61.776 |
| fibonacci | 61.433 | 61.486 | 61.519 | 61.573 | 61.626 | 61.659 | 61.713 |
| camarilla | 61.385 | 61.396 | 61.408 | 61.573 | 61.711 | 61.723 | 61.723 |
| woodie | N/A | 46.040 | 30.710 | 46.180 | 30.850 | 46.320 | N/A |
| demark | N/A | N/A | 61.464 | 61.557 | 61.605 | N/A | N/A |
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | |||||||
| fibonacci | |||||||
| camarilla | |||||||
| woodie | |||||||
| demark |
