Crude Oil Trend Update 1 Hour 08-05-2020 18:00:06 by SpiderSignals.com

Crude Oil 1 Hour Trend Update 08-05-2020 18:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 08-05-2020 18:00:06 Crude Oil trading at 1837 with high of 1837 and low of 1834

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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 47.7

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is -70.9

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In 1 Hour chart Crude Oil price continues to trade at 1837 and above the (Spider Signals AI Trend ) with value of 1802.77 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 1802.77 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 / ResistanceValues
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 18:00:06 Crude Oil trading at 1837 with high of 1906 and low of 1776

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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