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FX.co ★ Crude oil has the potential to strengthen today, rising towards its nearest resistance level. Monday, September 29, 2025.

Crude oil has the potential to strengthen today, rising towards its nearest resistance level. Monday, September 29, 2025.

[Crude Oil] – [Monday, September 29, 2025]

Although the RSI is in the bearish neutral area, but with EMA (50 and EMA (200) position which still intersecting the Golden Cross #CL today still have the potential to strengthen.

Key Levels

1. Resistance. 2 : 67.15

2. Resistance. 1 : 66.17

3. Pivot : 65.41

4. Support. 1 : 64.43

5. Support. 2 : 63.67

Tactical Scenario

Positive Reaction Zone: If the price maintains the #CL strengthening until it breaks out and closes above 65.41, it has the potential to continue strengthening to 66.17.

Momentum Extension Bias: If 66.17 is successfully broken and closes above it, it has the potential to move to 67.15.

Invalidation Level / Bias Revision

Upside bias weakens when the #CL weakens until it breaks down and closes below 63.67.

Technical Summary

EMA(50) : 65.22

EMA(200): 64.42

RSI(14) : 48.27

Economic News Release Agenda:

Tonight, there is only one economic data release from the United States: Pending Home Sales m/m at 21:00 WIB.

Crude oil has the potential to strengthen today, rising towards its nearest resistance level. Monday, September 29, 2025.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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