Crude Oil Trend Update 1 Hour 07-05-2020 13:00:04 by SpiderSignals.com

Crude Oil 1 Hour Trend Update 07-05-2020 13:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 07-05-2020 13:00:04 Crude Oil trading at 1822 with high of 1837 and low of 1802

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In 1 Hour Crude Oil Chart as per Spider Signals AI Trend we can see the trend is Bullish

The Crude Oil RSI (Relative strength index) 14 is trading at Range and value is 53.6

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is -32.4

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In 1 Hour chart Crude Oil price continues to trade at 1822 and above the (Spider Signals AI Trend ) with value of 1706.59 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish

However, if Crude Oil continues to trade above 1706.59 level, that could be an extraordinarily Bullish sign for Crude Oil

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The expected trading range for Crude Oil today is between 1706.67 support and 1925.67 resistance.

Pivot (invalidation): 1835.33

Today Crude Oil Support & Resistance Levels by Spider Signals

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Crude Oil Pivot / Support / Resistance Values
Crude Oil Pivot 1835.33
Crude Oil Support 1 1706.67
Crude Oil Support 2 1616.33
Crude Oil Support 3 1487.67
Crude Oil Resistance 1 1925.67
Crude Oil Resistance 2 2054.33
Crude Oil Resistance 3 2144.67

Today till now @ 07-05-2020 13:00:04 Crude Oil trading at 1822 with high of 1867 and low of 1785

Yesterday Crude Oil Closed at 1797 with low of 1745 and High of 1964

This report is published by www.spidersignals.com using AI & Deep learning analysis

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