Forex Trading Library

Crude Oil –05.10.2026

Technical Analysis
By Rami Abu-Draa
Crude Oil –05.10.2026
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Crude Oil managed to meet target and resistance 95.90 before market drop again toward support 87.35

This trading zone still valid between support 87.35 and resistance 95.90

Above 96.35 more advance is likely

Below 87.35 more drops is likely

 

SUPPORT RESISTANCE
LEVEL1 87.35 93.70
LEVEL2 84.00 96.35
LEVEL3 82.00 98.50
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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