Crude Oil Trend Update 1 Hour 16-10-2020 18:00:06 by SpiderSignals.com

Crude Oil 1 Hour Trend Update 16-10-2020 18:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 16-10-2020 18:00:06 Crude Oil trading at 2972 with high of 2975 and low of 2967

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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 51.7

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is 39.6

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In 1 Hour chart Crude Oil price continues to trade at 2972 and above the (Spider Signals AI Trend ) with value of 2961.02 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 2961.02 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 2910.67 support and 3045.67 resistance.

Pivot (invalidation): 2963.33

Today Crude Oil Support & Resistance Levels by Spider Signals

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Crude Oil Pivot / Support / Resistance Values
Crude Oil Pivot 2963.33
Crude Oil Support 1 2910.67
Crude Oil Support 2 2828.33
Crude Oil Support 3 2775.67
Crude Oil Resistance 1 3045.67
Crude Oil Resistance 2 3098.33
Crude Oil Resistance 3 3180.67

Today till now @ 16-10-2020 18:00:06 Crude Oil trading at 2972 with high of 2994 and low of 2952

Yesterday Crude Oil Closed at 2993 with low of 2881 and High of 3016

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

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