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Back Technical analysis
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Back Technical analysis
Trading Signals for USD/OIL on May 26-28, 2026: buy above $90.00 (200 EMA - 8/8 Murray)
Crude oil is trading around $93.12,
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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
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Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2026
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Dimitrios Zappas
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