Up Go Stocks, Down Go Bonds
We knew that yesterday was going to be a good day – at least for […]
WTI Oil Futures in Fierce Battle with 200-SMA
WTI futures hover around the 200-day SMA Failure to edge higher might lead to a double […]
Crude Oil Price Fails Again at $78.80, Are Dips Supported?
Key Highlights Crude oil prices failed again to clear the $78.80 and $79.20 levels. It […]
WTI Oil: Price Eases Further, as US Rate Outlook Offsets Persisting Middle East Worries
WTI Oil extends pullback into second consecutive day after recent rally repeatedly failed to clearly […]
WTI and Brent React To a Key Pivot
Brent oil is currently on a bullish trend, facing resistance near $84 and supported by […]
China Cuts LPR Rate, RBA Sounds Hawkish – Focus on US Retailer Earnings
The Chinese returned from their Lunar New Year holiday having traveled and spent more this […]
US Stock Markets Find a Positive Narrative to Keep the Rally Going
The S&P500 rebounded past the 5000 yesterday. This time, a mixed set of manufacturing data […]
WTI Oil Futures Get Rejected at 200-day SMA
WTI futures retreat after testing 200-day SMA Pattern formation resembles a double top Momentum indicators weaken […]
All’s Well That Ends Well
The market has been very quick in swallowing and digesting this Tuesday’s less than ideal […]
Gold Price Takes Hit While Crude Oil Price Extends Rally
Gold price is declining below the $2,010 support zone. Crude oil price is rising and […]
Will Oil Continue iIts Rise This Time?
Oil went on the offensive last week, once again confirming the importance of support at […]
A Step in the Right Direction for the UK But BoE Will Remain Cautious
The UK is continuing to make progress toward being able to cut interest rates but […]