Technical Analysis For Crude Oil Today 14-08-2019 19:00:03


In 1 hour chart Crude Oil price continues to trade at 3937 and above the (Exponential Moving Average)EMA200 value of 3885.68 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell 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 3885.68 is proving a tough nut to crack.

Pivot (invalidation): 3993

Our preference: Long positions above 4114

Alternative scenario: Below 3914 look for further downside.

Support Resistance Levels For Crude Oil Today at 14-08-2019 19:00:03

Pivot: 3993

Resistance 1: 4114

Resistance 2: 4193

Resistance 3: 4314

Support 1: 3914

Support 2: 3793

Support 3: 3714

Yesterday High Low Close For Crude Oil

Yesterday High: 4072

Yesterday Low: 3872

Yesterday Close: 4035

Today at 14-08-2019 19:00:03 Crude Oil trading at 3937 with high of 4029 and low of 3922

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