Oil (CL) Should Extend Higher in Impulsive Structure
Short Term Elliott Wave View in Oil (CL) suggests the rally from 6.12.2023 low is […]
WTI Oil: Bulls Eye $90 Barrier, Underpinned by Tight Supply Outlook
WTI oil keeps firm tone and hit new multi-month high on Thursday, approaching psychological $90 […]
Oil Reaches Highest Price this Year Ahead of US CPI
Market movers today The most important data release of the day will be the US […]
Happy CPI-Day, With Love, OPEC
The S&P 500 slipped below its 50-DMA, as Apple’s new iPhone15 failed to spark buying […]
Oil Price Stabilizes Near Year’s Highs
Last week, the Russian Federation and Saudi Arabia confirmed plans to reduce production by the […]
Yen Spikes after Ueda Comments, EC Downgrades Eurozone Growth Forecasts
A relatively quiet start to the week from an economic data perspective but we’re still […]
Busy Week Ahead
Market movers today A busy week starts off with inflation data from the Nordics. In […]
WTI Oil Futures Jump to Fresh 9-month High
WTI oil futures (October delivery) have been in a steady advance since early July, generating a structure of […]
Uncomfortably Strong US Outlook
Eurozone services PMI were disappointing in August, yet the ISM services index printed its strongest […]
Crude Oil Price Rally Could Extend To $90
Key Highlights Crude oil price is rising above the $84 and $85 resistance levels. A […]
With Clouds Gathering Over the UK Economy, What’s Next for Pound?
Although the Bank of England is expected to keep raising rates for a while longer, […]
WTI oil eyes critical resistance zone at 90 amid supply constraints
Oil prices climbed to their highest level in 10 months today, as robust demand coupled […]