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March 27, 2026
NEWS: Crude oil price is rising 5.3% as supply risks escalate, with Russian oil terminals hit and ongoing war in the Middle East disrupting global oil flows.
Possible Scenarios:
If Crude oil fails to breach through R1 of 101.332, our Analysis Department expects Crude oil to undergo a short- term downward correction.
If Crude oil manages to break above its R1 of 101.332, our Analysis Department expects Crude oil to extend its gains to its R2 of 104.018.
Support and Resistance Levels:
|
Crude oil |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
88.796 |
91.482 |
94.168 |
97.750 |
101.332 |
104.018 |
106.704 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.74 |
(+/-) £75.12 |
*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.15286
***GBP/USD = 1.33119
Calculations for exchange rate used as of Friday, March 27, 2026, 14:31 GMT