empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

05.02.202606:53 Forex Analysis & Reviews: Trading Signals for CRUDE OIL (CL) for February 5-7, 2026: buy above $62.80 (21 SMA - 4/8 Murray)

Relevancia 23:00 UTC--5

Exchange Rates 05.02.2026 analysis

Crude oil (WTI) is trading around $64.06 above 5/8 Murray and showing positive signs, waiting to cover the gap left at $65.40.

In the coming hours, we will continue to buy crude oil as it is positioned above the 4/8 Murray, which favors the bullish cycle. We also saw the formation of a pennant pattern on the H4 chart, which suggests a bullish outlook. WTI is likely to reach the 6/8 Murray and could even reach its January high around $66.20.

A drop below the 21 SMA and below 4/8 Murray could change the bullish outlook for crude oil, and we could expect the price to reach the psychological level of $60.00 or find good support around the 200 EMA located at $60.45.

On the H4 chart, we can see that crude oil has an upward trend channel, so a technical rebound at the lower band of this channel around $62.10 will be seen as an opportunity to open long positions.

The Eagle indicator is showing a positive signal, so any pullback in the coming hours will be seen as a buying opportunity.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.