empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

28.07.202608:23 Forex Analysis & Reviews: Trading Signals for USD/OIL on July 28-30, 2026: buy above $80.00 (200 EMA - 5/8 Murray)

Relevance up to 02:00 UTC--4

Exchange Rates 28.07.2026 analysis

Crude oil is trading around $80.44, rebounding after reaching the 50% Fibonacci retracement level drawn from its low of $66 to its high of $92.

If, in the coming days, crude oil consolidates above the 200 EMA and above the 50% Fibonacci retracement level, we could expect the uptrend to continue, potentially reaching the 38.2% level around $82.76, and we believe it could reach the psychological level of $90.

When crude oil reached $92, the Eagle indicator had hit 95 points, which represented an area of extreme overbought conditions. Technically, crude oil has now completed a technical correction and may be preparing to resume its uptrend. Therefore, we will look for buying opportunities in the coming hours if the price consolidates above the psychological level of $80.

Conversely, a drop in crude oil below the 200 EMA, below the 50% Fibonacci level, and below $80 could signal a continuation of the downtrend, and we expect it to reach the 61.8% Fibonacci level around $77.50; ultimately, we could expect it to reach the 4/8 Murray level around $75.

Therefore, as long as the USD/OIL price remains above the 200 EMA, it will be viewed as a buy signal; below that level, the outlook could remain bearish.

Crude oil left a gap around 89.25, so if the price recovers in the coming hours from the $80.00 level, the goal is for it to close the gap and reach $89.25.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.