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26.05.202618:51 Analisis Forex & Kajian: Trading Signals for USD/OIL on May 26-28, 2026: buy above $90.00 (200 EMA - 8/8 Murray)

Relevance up to 12:00 UTC--4

Exchange Rates 26.05.2026 analysis

Crude oil is trading around $93.12, reaching the 21-day SMA at $93.93 and showing a strong positive signal. Therefore, we believe that it could reach $96 in the coming days and might even return to the psychological level of $100.

Crude oil left a gap around $96.03 and has been recovering ever since it hit a low at about $88.90. We observe a strong recovery, so we believe oil could continue its rise in the coming days.

Given that the instrument has reached a resistance zone, we expect a technical correction toward the 61.8% Fibonacci level in the coming hours, which could be seen as an opportunity to resume its bullish cycle with targets at $96.

If crude oil reaches the upper band of the downtrend channel and breaks above $96, this could be considered a positive signal to buy, with targets at the 8/8 Murray level around $100.

A drop in gold below $93.93 could present a selling opportunity with targets at the 7/8 Murray level around $87.50.

The Eagle indicator is showing a positive signal, so any pullback—as long as the price consolidates above the 7/8 Murray level—will be viewed as a signal to continue buying in the coming days.

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
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