empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

20.07.202618:20 Forex Analysis & Reviews: Trading Signals for CRUDE OIL on July 20-23, 2026: buy above $81.25 (21 SMA - 5/8Murray)

Rilevanza fino a 12:00 UTC--4

Exchange Rates 20.07.2026 analysis

Crude oil is trading around $81.25, undergoing a technical correction after falling below $85,000 at the market open following a gap. It is now likely to continue falling over the next few days until it reaches the lower band of the uptrend channel, around $79.43.

If crude oil consolidates above $81.25 in the coming hours, this could be interpreted as a signal to continue buying, with targets at the 6/8 Murray level, around $87.50.

Conversely, if crude oil falls below the 5/8 Murray level, this could be interpreted as a signal that the downtrend will continue. Oil could even break out of the uptrend channel and reach the 4/8 Murray level, around $75.00.

Since crude oil is currently above a series of support levels—including the psychological $80 mark, the 21-period simple moving average (SMA), and the 200-period exponential moving average (EMA)—any pullback toward the lower band of the uptrend channel will be interpreted as a signal to continue buying in the coming hours or days.

The ultimate target for crude oil is the 6/8 Murray level, around $87.50.

On the downside, we note that the Eagle indicator is showing an extreme overbought signal, suggesting the possibility of a technical correction in the coming days; therefore, below the 5/8 Murray level, we will look for opportunities to sell crude oil with a target at $75.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.