Forex Trading Library

Crude Oil –30.04.2026

By Rami Abu-Draa On Apr 30, 2026

Crude Oil managed to met targets 106.00 and 108.35.
As we see over the chart, the market is facing the chance for a drop with support at 96.90 could lead to another rebound.
Above 108.35 more advance toward 120.00 could hit the market.
Below 96.90 more of a drop toward 87.00-85.00 zone is likely.

	SUPPORT	RESISTANCE
LEVEL1	101.00	108.35
LEVEL2	96.90	112.50
LEVEL3	87.00-85.00	115.75

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 –30.04.2026

Gold –30.04.2026