Crude Oil is trading today in the European session above the $70 level.
Oil prices were little changed on Thursday as forecasts of weak demand and a higher-than-expected rise in U.S. gasoline and distillate inventories placed a lid on gains from an additional round of EU sanctions threatening Russian oil flows.
| Support & Resistance | Level | Explanation |
| Resistance 2 | 71.32 | Daily R2 |
| Resistance 1 | 70.85 | Daily R1 |
| Support 1 | 69.61 | Daily S1 |
| Support 2 | 69.14 | Daily S2 |
| Indicator | Signal |
| SMA 20 | Buy |
| SMA 50 | Buy |
| SMA 100 | Buy |
| MACD( 12;26;9) | Buy |
| RSI (14) | Sell |
| Stochastic ( 9;6;3) | Sell |
| Indicator / Period | Day - Buy | Week - Sell | Month - Sell |
| MACD( 12;26;9) | Buy | Sell | Sell |
| RSI (14) | Sell | Sell | Sell |
| SMA 20 | Buy | Sell | Sell |
| Buy |
|