Technical Analysis For Crude Oil Today 15-07-2019 16:00:03

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In 1 hour chart Crude Oil price continues to trade at 4138 and above the (Exponential Moving Average)EMA200 value of 4024.13 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Crude Oil continues to trade above level, that could be an extraordinarily Bullish sign for Crude Oil

Even so, the 200-candle Exponential moving average (EMA) price range of 4024.13 is proving a tough nut to crack.

Pivot (invalidation): 4139.33

Our preference: Long positions above 4164.67

Alternative scenario: Below 4115.67 look for further downside.

Support Resistance Levels For Crude Oil Today at 15-07-2019 16:00:03

Pivot: 4139.33

Resistance 1: 4164.67

Resistance 2: 4188.33

Resistance 3: 4213.67

Support 1: 4115.67

Support 2: 4090.33

Support 3: 4066.67

Yesterday High Low Close For Crude Oil

Yesterday High: 4163

Yesterday Low: 4114

Yesterday Close: 4141

Today at 15-07-2019 16:00:03 Crude Oil trading at 4138 with high of 4141 and low of 4107

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