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March 27, 2026
NEWS: Crude oil is increasing 2.7%, as traders remained on edge after President Trump’s latest 10 day deadline for Iran to reach a deal or face attacks on its power facilities
Possible Scenarios:
If Crude oil fails to breach through R1 of 97.582, our Analysis Department expects Crude oil to undergo a short- term downward correction.
If Crude oil manages to break above its R1 of 97.582, our Analysis Department expects Crude oil to extend its gains to its R2 of 100.268.
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
85.046 |
87.732 |
90.418 |
94.000 |
97.582 |
100.268 |
102.954 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.8 |
(+/-) £75.09 |
|||
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.15210
***GBP/USD = 1.33172
Calculations for exchange rate used as of Friday, March 27, 2026, 8:30: AM