FX.co ★ Crude Oil has the potential to weaken today. Monday, January 5, 2026.

Crude Oil

If we look at the EMA(50) where the Death Cross is below the EMA(200) and the RSI(14) indicator which is at the Bearish Neutral level, there is a huge probability that it will weaken today.

Key Levels

1. Resistance. 2 : 58.61

2. Resistance. 1 : 57.97

3. Pivot : 57.28

4. Support. 1 : 56.64

5. Support. 2 : 55.95

Tactical Scenario

Pressure Zone: If #CL breaks down below 57.28, it may test 56.64.

Momentum Extension Bias: If 56.64 is also broken and closes below, Crude Oil could continue weakening to 55.95.

Invalidation Level / Bias Revision

The downside bias is restrained if #CL suddenly strengthens and breaks and closes above 58.61.

Technical Summary

EMA(50) : 57.34

EMA(200): 57.65

RSI(14) : 49.00

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - ISM Manufacturing PMI - 22:00 WIB

US - ISM Manufacturing Prices - 22:00 WIB

US - Wards Total Vehicle Sales - All Days