Crude Oil Trend Update 1 Hour 12-05-2020 09:00:03 by SpiderSignals.com

Crude Oil 1 Hour Trend Update 12-05-2020 09:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 12-05-2020 09:00:03 Crude Oil trading at 1849 with high of 1852 and low of 1839

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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 47.9

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is -18.7

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In 1 Hour chart Crude Oil price continues to trade at 1849 and above the (Spider Signals AI Trend ) with value of 1833.99 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 1833.99 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 1786.67 support and 1916.67 resistance.

Pivot (invalidation): 1846.33

Today Crude Oil Support & Resistance Levels by Spider Signals

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Crude Oil Pivot / Support / ResistanceValues
Crude Oil Pivot 1846.33
Crude Oil Support 1 1786.67
Crude Oil Support 2 1716.33
Crude Oil Support 3 1656.67
Crude Oil Resistance 1 1916.67
Crude Oil Resistance 2 1976.33
Crude Oil Resistance 3 2046.67

Today till now @ 12-05-2020 09:00:03 Crude Oil trading at 1849 with high of 1947 and low of 1805

Yesterday Crude Oil Closed at 1857 with low of 1776 and High of 1906

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

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