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March 30, 2026
NEWS: Crude Oil price is rising 1.5% as uncertainty remains high around U.S.-Iran negotiations while attacks continue over the Gulf and key shipping routes remain disrupted.
Possible Scenarios:
If Crude oil fails to breach through R1 of 105.938, our Analysis Department expects Crude oil to undergo a short- term downward correction.
If Crude oil manages to break above its R1 of 105.938, our Analysis Department expects Crude oil to extend its gains to its R2 of 108.795.
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
92.609 |
95.465 |
98.322 |
102.130 |
105.938 |
108.795 |
111.651 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €87.13 |
(+/-) £75.66 |
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.14775
***GBP/USD = 1.32162
Calculations for exchange rate used as of Monday, March 30, 2026, 14:37: GMT