Crude Oil Trend Update 1 Hour 12-05-2020 11:00:02 by SpiderSignals.com

Crude Oil 1 Hour Trend Update 12-05-2020 11:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 12-05-2020 11:00:02 Crude Oil trading at 1861 with high of 1867 and low of 1853

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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 50.4

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is -9.2

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In 1 Hour chart Crude Oil price continues to trade at 1861 and above the (Spider Signals AI Trend ) with value of 1836.34 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 1836.34 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 1787 support and 1929 resistance.

Pivot (invalidation): 1867

Today Crude Oil Support & Resistance Levels by Spider Signals

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Crude Oil Pivot / Support / Resistance Values
Crude Oil Pivot 1867
Crude Oil Support 1 1787
Crude Oil Support 2 1725
Crude Oil Support 3 1645
Crude Oil Resistance 1 1929
Crude Oil Resistance 2 2009
Crude Oil Resistance 3 2071

Today till now @ 12-05-2020 11:00:02 Crude Oil trading at 1861 with high of 1867 and low of 1848

Yesterday Crude Oil Closed at 1849 with low of 1805 and High of 1947

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

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