empty
 
 
07.10.2025 06:41 AM
Crude Oil seems likely to test its nearest support level today. Tuesday, October 07, 2025.

[Crude Oil] – [Tuesday, October 07, 2025]

With the Death Cross condition of the EMA(50) and EMA(200), along with the RSI in the Neutral-Bearish zone, there is an opportunity for #CL to continue its decline today.

Key Levels

1. Resistance. 2 : 62.70

2. Resistance. 1 : 62.21

3. Pivot : 61.61

4. Support. 1 : 61.12

5. Support. 2 : 60.52

Tactical Scenario

Pressure Zone: If the price breaks down and closes below 61.61, there is a chance to continue its decline further to 61.12.

Momentum Extension Bias: If 61.12 is breached and closes below that level, the price could move toward 60.52.

Invalidation Level / Bias Revision

The downside bias is limited if Crude Oil strengthens and breaks through and closes above 62.70.

Technical Summary

EMA(50) : 61.60

EMA(200): 61.82

RSI(14) : 49.44

Economic News Release Agenda:

Today from the United States there will be releases of Trade Balance and RCM/TIPP Economic Optimism data (time to be determined).

This image is no longer relevant

Summary
Urgency
Analytic
Arief Makmur
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback