Crude Oil Trend Today Technical Analysis for 14-01-2020 13:00:03


In 1 hour chart Crude Oil price continues to trade at 4118 and below the (Exponential Moving Average)EMA200 value of 4331.74 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

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

Even so, the 200-candle Exponential moving average (EMA) price range of 4331.74 is proving a tough nut to crack.

Pivot (invalidation): 4140.67

Our preference: Long positions above 4177.33

Alternative scenario: Below 4085.33 look for further downside.

Support Resistance Levels For Crude Oil Today at 14-01-2020 13:00:03

Pivot: 4140.67

Resistance 1: 4177.33

Resistance 2: 4232.67

Resistance 3: 4269.33

Support 1: 4085.33

Support 2: 4048.67

Support 3: 3993.33

Yesterday High Low Close For Crude Oil

Yesterday High: 4196

Yesterday Low: 4104

Yesterday Close: 4122

Today at 14-01-2020 13:00:03 Crude Oil trading at 4118 with high of 4126 and low of 4108

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