empty
13.11.2026 03:11 PM
Trading Signals for OIL on November 13-16, 2026: buy above $87.50 (21 SMA - 4/8 Murray)

This image is no longer relevant

Crude oil was trading around $87.42, consolidating above the 21-day simple moving average (SMA) and above the 3/8 Murray level, and around the 4/8 Murray level, so the instrument is likely to continue rising in the coming days until it reaches the 200-day exponential moving average (EMA) at $92.73.

Technically, crude oil could pull back toward $85.88, near the 21-day simple moving average (SMA); if this pullback occurs, it could be considered a buying opportunity, as the price is technically in a strong uptrend after consolidating for several days above $84.37.

If crude oil remains above $87.50—above the Murray 4/8 level—in the coming hours, the outlook will remain bullish, and we could buy with targets at the psychological level of $90, the Murray 5/8 level around $90.62, and, finally, we expect it to reach the 200-period exponential moving average (EMA) around $92.73.

If crude oil returns to the Murray 3/8 level at $84.37 In the coming days and the price consolidates above this zone, it will be considered a positive signal to resume buying.

If the price falls below $84, the outlook for crude oil could change, and we could expect it to reach the 2/8 Murray level around 81.25; it could eventually reach the psychological level of $80 and might even continue falling until it reaches the 1/8 Murray level around $78.

Given that the Eagle indicator is showing a positive signal, a pullback in crude oil could be viewed as a buying opportunity, provided the price remains within the small uptrend channel that is forming.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $5000 más!
    ¡En Noviembre, sorteamos $5000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback