10.07.202619:24 Forex Analysis & Reviews: Trading Signals for CRUDE OIL (CL) on July 10-13, 2026: buy above $69.60 (21 SMA - 4/8 Murray)

Relevance up to 13:00 2026-07-24 UTC--4

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On the other hand, if crude oil consolidates above the 21-day simple moving average (SMA) at $72.33, this could be interpreted as a buy signal in the coming days, with targets at the Murray 4/8 level, around $75. Ultimately, we expect the instrument to reach the upper band of the bullish channel, which coincides with the 200-day simple moving average (SMA), around $77.60.

Given that the Eagle indicator is showing a negative signal, we can expect consolidation over the next few days around the psychological level of $70, after which crude oil could resume its upward trend.

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