empty
 
 
id
Bantuan
Pembukaan akun instan
Platform Trading
Deposit/Penarikan

06.07.202617:35 Forex Analysis & Reviews: Trading Signals for CRUDE OIL (CL) on July 6-8, 2026: buy above 68.75 (21 SMA - -1/8 Murray)

Relevan hingga 11:00 2026-07-20 UTC--4

Exchange Rates 06.07.2026 analysis

Crude oil is trading around $68.45 within a narrow uptrend channel that has formed since early July. In the coming days, we could see a rally in crude oil that could push the price up to the psychological level of $70. Moreover, if it breaks above $70, we could expect it to reach the 0/8 Murray level around $75.

The Eagle indicator has reached overbought levels, so crude oil will face difficulty in its rise. If it consolidates above this zone, it is likely to reach $70 and then resume its downtrend.

In case of a pullback toward the June 25 high around $72.35, this zone could also serve as strong resistance, and we could open short positions below this zone.

The low reached around $67 now serves as strong support for crude oil. If downward pressure prevails, we could expect a double-bottom pattern to form around this area. If crude oil rebounds above this price level, it could be seen as a buying opportunity, as technically, we could expect a recovery up to $75.

A good area to open long positions would be to wait for the price to consolidate above the 21 SMA and above -1/8 Murray. These levels could act as support for crude oil, and a move above $68.75 could be seen as a buying opportunity with targets at the upper band of the uptrend channel around $70 and, ultimately, around $72.35.

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaSpot akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaSpot, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.