WTI Oil Technical: Potential Bullish Reversal to Resume Medium-Term Uptrend
The recent decline of -6.8% from its 10 August 2023 high has not damaged the […]
Crude Oil Finds Stability Amidst Price Recovery
The commodity market has stabilised as the new week begins. The price of a barrel […]
Week Ahead – Powell’s Jackson Hole Speech Will be Must-See TV
US The main event for next week will be the Kansas City Fed’s Jackson Hole […]
Gold Price and Crude Oil Price Signal Negative Trend
Gold price is moving lower from the $1,930 resistance. Crude oil price is also declining […]
Stocks Try to Rebound as Global Bond Yields Hit 15-year High
Now that we heard from Walmart, it is clear that the US consumer is still […]
WTI Oil Dips Again as Sellers Take Control
WTI oil futures got hammered after the peak at a nine-month high of 84.89, breaking out […]
Stocks Drop on China Jitters and as Global Bond Selloff Continues
US stocks remained heavy after a robust retail sales report sent yields higher and raised […]
WTI Oil Technical: Time for a Potential Short-Term Pullback
Recent bullish breakout from “Descending Wedge” has led to a 10% rally to reach a […]
All Eyes on US CPI Report as Traders Weigh Up Whether Fed is Done With Rate Hikes
It’s been a positive start to trading on Thursday, with European stock up around 1% […]
OIL ($CL_F) Impulse Sequence Supports More Upside
The short-term Elliott wave view in the OIL futures ($CL_F) suggests that the cycle from […]
Brent Crude – China Data Weighs on Oil Prices
Chinese trade data disappoints again Saudi and Russian cuts continue to support prices Divergence a […]
WTI hits highest level this year, targeting 85 next
WTI crude oil continued its impressive rally, marking its highest price point for the year. […]