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

At 05-08-2020 18:00:05 Crude Oil trading at 3225 with high of 3253 and low of 3217

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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 OverBought and value is 70.3

The Crude Oil CCI (Commodity Channel index) 14 is trading at OverBought and value is 194.0

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In 1 Hour chart Crude Oil price continues to trade at 3225 and above the (Spider Signals AI Trend ) with value of 3089.77 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 3089.77 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 3057 support and 3204 resistance.

Pivot (invalidation): 3110

Today Crude Oil Support & Resistance Levels by Spider Signals

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Crude Oil Pivot / Support / Resistance Values
Crude Oil Pivot 3110
Crude Oil Support 1 3057
Crude Oil Support 2 2963
Crude Oil Support 3 2910
Crude Oil Resistance 1 3204
Crude Oil Resistance 2 3257
Crude Oil Resistance 3 3351

Today till now @ 05-08-2020 18:00:05 Crude Oil trading at 3225 with high of 3263 and low of 3115

Yesterday Crude Oil Closed at 3151 with low of 3016 and High of 3163

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

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