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Crude Oil –26.02.2025

Technical Analysis

By Rami Abu-Draa Last updated Feb 26, 2025

Crude Oil still remains under pressure toward 68.35 as the market hit a low of 68.66 yesterday.

If prices hold above 68.35, a rebound correction toward 70.15 could hit the market.

Below 68.35 more of a drop toward 66.15-50 is likely.

	SUPPORT	RESISTANCE
LEVEL1	68.35	70.15
LEVEL2	66.15-50	71.20
LEVEL3	64.75	73.05

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Crude Oil WTI

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

USD/JPY –26.02.2025

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