Crude Oil Trend Update 1 Hour 08-05-2020 09:00:05 by SpiderSignals.com

Crude Oil 1 Hour Trend Update 08-05-2020 09:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 08-05-2020 09:00:05 Crude Oil trading at 1822 with high of 1823 and low of 1816

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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 44.7

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is -70.5

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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 1786.74 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 1786.74 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 1742.33 support and 2000.33 resistance.

Pivot (invalidation): 1892.67

Today Crude Oil Support & Resistance Levels by Spider Signals

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Crude Oil Pivot / Support / Resistance Values
Crude Oil Pivot 1892.67
Crude Oil Support 1 1742.33
Crude Oil Support 2 1634.67
Crude Oil Support 3 1484.33
Crude Oil Resistance 1 2000.33
Crude Oil Resistance 2 2150.67
Crude Oil Resistance 3 2258.33

Today till now @ 08-05-2020 09:00:05 Crude Oil trading at 1822 with high of 1823 and low of 1816

Yesterday Crude Oil Closed at 1850 with low of 1785 and High of 2043

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

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