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FX.co ★ Although there is potential for an upward move, the overall bias for Crude Oil remains bearish. Tuesday, October 21, 2025.

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Forex Analysis:::2025-10-21T05:58:13

Although there is potential for an upward move, the overall bias for Crude Oil remains bearish. Tuesday, October 21, 2025.

[Crude Oil] – [Tuesday, October 21, 2025]

Although both EMAs are still forming a Death Cross, which indicates that the bias is still weakening, the appearance of Hidden Divergence on the RSI indicates the potential for strengthening momentum to emerge in the near future.

Key Levels:

1. Resistance. 2 : 58.63

2. Resistance. 1 : 58.02

3. Pivot : 57.18

4. Support. 1 : 56.57

5. Support. 2 : 55.73

Tactical Scenario:

Pressure Zone: If #CL breaks down and closes below 57.18, it may continue its decline toward 56.57.

Momentum Extension Bias: If 56.57 is breached and closes below, #CL could attempt to test the next support level at 55.73.

Invalidation Level / Bias Revision:

The downside bias is invalidated if Crude Oil strengthens and breaks and closes above 58.63.

Technical Summary:

EMA(50) : 57.30

EMA(200): 57.91

RSI(14) : 52.42 + Hidden Bullish Divergent

Economic News Release Agenda:

There are no economic data releases expected today during the U.S. trading session.

Although there is potential for an upward move, the overall bias for Crude Oil remains bearish. Tuesday, October 21, 2025.

Analyst InstaForex
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