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28.04.202608:34 Forex Analysis & Reviews: Technical Analysis of Crude Oil Intraday Price Movement. Tuesday April 28, 2026

Relevance up to 23:00 2026-04-28 UTC--4
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Crude Oil

With all technical conditions supporting its strength, then Crude Oil (#CL) has the potential today to test its nearest resistance level.

Key Levels

1. Resistance. 2 : 99.39

2. Resistance. 1 : 98.03

3. Pivot : 96.31

4. Support. 1 : 94.95

5. Support. 2 : 93.23

Tactical Scenario

Positive Reaction Zone: If the price breaks out above 98.03, there is a likelihood the move will continue up toward 99.39.

Momentum Extension Bias: If 99.39 is also broken, #CL could test 101.11.

Invalidation Level / Bias Revision

The upside bias weakens if #CL falls and closes below 93.23.

Technical Summary

EMA(50) :

EMA(200):

RSI(14) :

Economic News Release Agenda:

Today the United States will release the following economic data:

US - ADP Weekly Employment Change - 19:15 WIB

US - HPI m/m - 20:00 WIB

US - S&P/CS Composite-20 HPI y/y - 20:00 WIB

US - CB Consumer Confidence - 21:00 WIB

US - Richmond Manufacturing Index - 21:00 WIB

US - API Weekly Statistical Bulletin - 03:30 WIB

Exchange Rates 28.04.2026 analysis

Arief Makmur
Analytical expert of InstaForex
© 2007-2026

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