empty
10.03.2026 07:36 AM
Technical Analysis of #CL Intraday Price Movement. Tuesday March 10, 2026

[Crude Oil]

Crude Oil still has the potential to weaken toward its nearest support level, as it is confirmed by RSI(14) being in the Neutral-Bearish area.

Key Levels

1. Resistance. 2 : 133.44

2. Resistance. 1 : 100.22

3. Pivot : 95.20

4. Support. 1 : 70.98

5. Support. 2 : 56.96

Tactical Scenario

Pressure Zone: If the price remains below 95.20, there is potential pressure toward 70.98.

Momentum Extension Bias: If 70.98 is broken, #CL has the potential to continue its decline to 56.96.

Invalidation Level / Bias Revision

The downside bias is contained if the price strengthens and breaks above 133.44.

Technical Summary

EMA(50) : 92.76

EMA(200): 86.71

RSI(14) : 48.97

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - NFIB Small Business Index - 17:00 WIB

US - ADP Weekly Employment Change - 19:15 WIB

US - Existing Home Sales - 21:00 WIB

US - API Weekly Statistical Bulletin - 03:00 WIB

This image is no longer relevant

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $8000 more!
    In March we raffle $8000 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
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Binary Options are unavailable for trading in this region
Can't speak right now?
Ask your question in the chat.
Widget callback