WTI Crude Oil (XTI/USD) Forecast Today Stays Neutral
WTI Crude Oil is at 100.516, down 2.15%, between S1 at 99.651 and the daily pivot at 101.507. Daily and four-hour trends are up, the one-hour trend is mixed, and the bias is neutral.

| Resistance | Level | Support | Level |
|---|---|---|---|
| R3 | 109.505 | S1 | 99.651 |
| R2 | 106.434 | S2 | 96.580 |
| R1 | 104.578 | S3 | 94.724 |
| Previous day high | 103.362 | Previous day low | 98.435 |
| 20-day high | 103.362 | 20-day low | 86.296 |
| Daily pivot 101.507. Data as of 2026-10-26 12:31 UTC; price from a live feed, levels computed from the previous completed daily bar. | |||
Where WTI Stands in the Overlap
WTI Crude Oil (XTI/USD) is neutral in the London and New York overlap, last at 100.516 between S1 at 99.651 and the daily pivot at 101.507. Nearest resistance is the daily pivot at 101.507, 0.99 dollars away, and nearest support is S1 at 99.651, 0.87 dollars away. The daily and four-hour trends are up while the one-hour trend is mixed, so the timeframes do not agree.
From the previous close at 102.723, the move is down 2.207, or 2.15%. The bid is 100.516, the ask is 100.556 and the spread is 0.04 dollars. The day open is 101.718, the day high is 101.735 and the day low is 99.957. The day range of 1.78 dollars, on the WTI Crude Oil (XTI/USD) rate page, is 46% of the 14-day average true range at 3.849, also given as 3.85 dollars.
Trend and Momentum Across Timeframes
The daily trend is up. Price is above the 200-period exponential moving average at 82.278, the 20-period average is at 95.173 and the 50-period average is at 91.608. Daily RSI is 69.4. Five-day performance is up 1.55% and 20-day performance is up 9.84%.
The four-hour trend is up as well. Its 20-period average is at 100.078 and its 50-period average is at 98.097, and the last price at 100.516 is above both.
The one-hour trend is mixed. Its 20-period average is at 100.706 and its 50-period average is at 100.278, so the last price at 100.516 is below the one-hour 20-period average and above the one-hour 50-period average. That split with the higher timeframes keeps the bias neutral.
Levels Around the Last Print
Nearest resistance is the daily pivot at 101.507 and nearest support is S1 at 99.651. The day high at 101.735 stands above the pivot, and the day low at 99.957 stands above S1. Round levels are 100.5 below price and 101 above it. Further resistance is R1 at 104.578, R2 at 106.434 and R3 at 109.505. Further support is S2 at 96.58 and S3 at 94.724. Those pivot levels are the set on the WTI Crude Oil (XTI/USD) analysis page.
The prior daily bar, dated October 23, shows an open at 98.715, a high at 103.362, a low at 98.435 and yesterday's close at 102.723, a range of 4.93 dollars. The five-day high is 103.362 and the five-day low is 95.038. The 20-day high is 103.362 and the 20-day low is 86.296.
Bullish Path and Bearish Path
The bullish path treats R1, not the daily pivot, as the trigger. A break above R1 at 104.578 would open the way to R2 at 106.434, with 1.86 dollars from trigger to target. The daily pivot at 101.507 is the invalidation, and price at 100.516 is already below that level. The trigger itself sits above yesterday's high at 103.362 and above the day high at 101.735.
The bearish path is built off S1 instead. A break below S1 at 99.651 would open the way to S2 at 96.58, with 3.07 dollars from trigger to target, and a move back above the daily pivot at 101.507 would invalidate it. The day low at 99.957 has not reached S1.
Tomorrow's Calendar and the Backdrop
No item on this US calendar falls today, and London closes at 16:00 UTC. Tomorrow's medium-impact list starts at 12:15 UTC with the ADP Employment Change 4-week average, previous 18.5 and no estimate. At 12:30 UTC, Durable Goods Orders show previous 0 and estimate 0.6, Nondefense Capital Goods Orders ex Aircraft show previous 1.6 and no estimate, Durable Goods Orders ex Defense show previous 0.1 and no estimate, and Durable Goods Orders ex Transportation show previous 0.3 and estimate 0.6.
At 13:00 UTC tomorrow the Housing Price Index month over month shows previous 0.3 and estimate 0.1. At 14:00 UTC tomorrow, New Home Sales Change month over month shows previous 6.4 and no estimate, while Consumer Confidence shows no previous reading and no estimate. The nearest distances stay 0.87 dollars to S1 at 99.651 and 0.99 dollars to the daily pivot at 101.507. Release timing for that slate is covered in the economic calendar guide.
According to Reuters, the Wall Street Journal, CNBC and FXEmpire, coverage groups around a softer oil market, risk linked to Saudi Arabia, and the Federal Reserve, without proving the cause of the 2.15% decline.
News sentiment shows an opportunity read of 22, bullish, and news volume at 19% of the 90-day average. The opportunity read moved from 76, bullish, to 1, neutral, within 24 hours.
As of the week to October 20, large speculators were net long WTI Crude Oil (XTI/USD), 57.7% long and 42.3% short, a net 89325 contracts versus 100343 the prior week. Speculators reduced net long WTI Crude Oil (XTI/USD), a net change of -11018 contracts.
US Treasury yields at the October 23 close, versus October 22, show the 2-year yield at 4.69%, up 4 basis points, and the 10-year yield at 5%, up 4 basis points. The 3-month yield was 4.22% and the 2s10s curve was 31 basis points.
Bottom Line Into the London Close
Into the London close the bias stays neutral, with price at 100.516 down 2.15% from the previous close, daily and four-hour trends up, and the one-hour trend mixed. A break above R1 at 104.578 would open the way to R2 at 106.434, whereas a break below S1 at 99.651 would open the way to S2 at 96.58, and the daily pivot at 101.507 is invalidation for both rather than a trigger.
FAQ
What is the current WTI Crude Oil forecast today?
The read is neutral, not a directional call. Price is at 100.516 between S1 at 99.651 and the daily pivot at 101.507, with daily and four-hour trends up and the one-hour trend mixed. A break above R1 at 104.578 would open the way to R2 at 106.434, and a break below S1 at 99.651 would open the way to S2 at 96.58.
How is WTI Crude Oil performing in today's range?
WTI is at 100.516, down 2.207, or 2.15%, from the previous close at 102.723. The day high is 101.735 and the day low is 99.957, a day range of 1.78 dollars, equal to 46% of the 14-day average true range at 3.849.
What US data releases could affect oil prices tomorrow?
Nothing on this US calendar is due today. Tomorrow's medium-impact releases include the ADP Employment Change 4-week average at 12:15 UTC, previous 18.5, Durable Goods Orders at 12:30 UTC, previous 0 and estimate 0.6, the Housing Price Index at 13:00 UTC, previous 0.3 and estimate 0.1, and New Home Sales Change plus Consumer Confidence at 14:00 UTC. The calendar does not show how WTI will respond.
What technical levels are traders watching for WTI Crude Oil?
Nearest resistance is the daily pivot at 101.507, 0.99 dollars from 100.516, and nearest support is S1 at 99.651, 0.87 dollars away. Round levels are 100.5 and 101. The bullish trigger is R1 at 104.578 toward R2 at 106.434, and the bearish trigger is S1 at 99.651 toward S2 at 96.58, with the daily pivot as invalidation on both paths.
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