Forex Trading Library

Crude Oil –24.07.2026

Technical Analysis

By Rami Abu-Draa On Jul 24, 2026

Crude Oil managed to meet target and resistance trend 92.50-93.00 zone

Market managed to push for some drop correction while Intraday support 88.30 still holding the market

A chance for some trading zone here as long as market keep holding trades below 93.00

Above 93.00 more advance is likely

	SUPPORT	RESISTANCE
LEVEL1	88.30	93.00
LEVEL2	83.60-84.40	95.15
LEVEL3	77.50	104.00

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.

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