Crude Oil Trend Update 1 Hour 29-05-2020 20:00:05 by SpiderSignals.com

Crude Oil 1 Hour Trend Update 29-05-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 29-05-2020 20:00:05 Crude Oil trading at 2536 with high of 2538 and low of 2536

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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 55.7

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is 41.6

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In 1 Hour chart Crude Oil price continues to trade at 2536 and above the (Spider Signals AI Trend ) with value of 2508.25 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if Crude Oil continues to trade above 2508.25 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 2434.33 support and 2649.33 resistance.

Pivot (invalidation): 2514.67

Today Crude Oil Support & Resistance Levels by Spider Signals

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Crude Oil Pivot / Support / ResistanceValues
Crude Oil Pivot 2514.67
Crude Oil Support 1 2434.33
Crude Oil Support 2 2299.67
Crude Oil Support 3 2219.33
Crude Oil Resistance 1 2649.33
Crude Oil Resistance 2 2729.67
Crude Oil Resistance 3 2864.33

Today till now @ 29-05-2020 20:00:05 Crude Oil trading at 2536 with high of 2548 and low of 2450

Yesterday Crude Oil Closed at 2569 with low of 2380 and High of 2595

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

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