05.01.202607:44 Forex Analysis & Reviews: Crude Oil has the potential to weaken today. Monday, January 5, 2026.

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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

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