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Crude Oil is Trying to Test the Resistance Level at 63.47. Wednesday. September 10, 2025

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[Crude Oil] – [Wednesday, September 10, 2025]

With the EMA(50) and EMA(200) forming a Golden Cross and the RSI in the Neutral-Bullish area, this could support a bullish bias for #CL throughout the day.

Key Levels

  1. Resistance 2: 64.18
  2. Resistance 1: 63.47
  3. Pivot: 62.92
  4. Support 1: 62.21
  5. Support 2: 61.66

Tactical Scenario

Positive Reaction Zone: If the price of Crude Oil breaks and closes above 63.47, it has the potential to continue strengthening to 64.18.

Momentum Extension Bias: If 64.18 is broken and closed above, #CL could further extend gains to 64.73.

Level Invalidation / Bias Revision

The upside bias weakens if #CL weakens, breaks, and closes below 61.66.

Technical Summary

EMA(50): 62.85EMA(200): 63.05RSI(14): 61.18

Economic News Releases Agenda:

Today, there will be economic data releases from the United States tonight:

US - Core PPI m/m - 19:30 WIBUS - PPI m/m - 19:30 WIBUS - Final Wholesale Inventories m/m - 21:00 WIB US - Crude Oil Inventories - 21:00 WIB


Crude Oil is Trying to Test the Resistance Level at 63.47. Wednesday. September 10, 2025 - ExpertFX School

The material has been provided by InstaForex Company - www.instaforex.com
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