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21.04.202606:32 Forex Analysis & Reviews: Technical Analysis of Crude Oil Intraday Price Movement. Tuesday, April 21, 2026

Relevance up to 21:00 2026-04-21 UTC--4
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Crude Oil

With both EMAs which forms a Death Cross, confirming that sellers remain dominant in #CL, so that today there is a potential for a decline toward the nearest support level.

Key Levels

1. Resistance. 2 : 92.78

2. Resistance. 1 : 90.19

3. Pivot : 88.59

4. Support. 1 : 86.00

5. Support. 2 : 84.40

Tactical Scenario

Pressure Zone: If the price breaks down below 86.00, there is potential for continued pressure toward 84.40.

Momentum Extension Bias: If 84.40 is broken to the downside, the weakening may continue to 81.81.

Invalidation Level / Bias Revision

The downside bias is restrained if #CL strengthens and breaks out above 92.78.

Technical Summary

EMA(50) : 88.60

EMA(200): 91.15

RSI(14) : 46.70

Economic News Release Agenda:

Today the United States will release the following economic data:

US - ADP Weekly Employment Change - 19:15 WIB

US - Core Retail Sales m/m - 19:30 WIB

US - Retail Sales m/m - 19:30 WIB

US - Pending Home Sales m/m - 21:00 WIB

US - Business Inventories m/m - 21:00 WIB

US - API Weekly Statistical Bulletin - 03:30 WIB

Exchange Rates 21.04.2026 analysis

Arief Makmur
Analytical expert of InstaForex
© 2007-2026

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