Oil Started the Year with a Decline
The first two trading sessions of the year have clearly shown that traders are sticking […]
Fed Pricing Remains Too Soft
Released yesterday, the FOMC minutes were hawkish enough to get the S&P500 erase early gains, […]
The Fed Keeps a Close Eye on the Labour Market
Market movers today Today’s data calendar is thin. After yesterday’s bunch of data releases and […]
Growing Optimism?
Equity markets are pushing higher on Wednesday, buoyed by softer yields and some promising PMI […]
Recession Concerns and a Stronger US Dollar Send WTI Back Below $80
Recession fears continue to weigh no sentiment with Wall Street tracking the majority of Asian […]
No More Festive Cheer
A mixed start to trading on Tuesday as traders return following the festive break to […]
OIL ( $CL_F ) Forecasting The Decline After Elliott Wave Zig Zag
Hello fellow traders. In this technical blog we’re going to take a quick look at […]
WTI Oil Futures Retreat after 50-day SMA Rejects Advance
WTI oil futures (February delivery) have been stuck in a downtrend since June but managed to bounce […]
WTI Oil: Bull-Trap and Reversal Pattern Warn of Deeper Pullback
The WTI oil remains at the back foot for the third consecutive day and extends […]
US Oil Tests Key Resistance
WTI crude steadies as Russia bans countries that abide by the Western price cap. On […]
Crude Oil Price Trims Gains, Gold Faces Key Hurdle
Key Highlights Crude oil price started a fresh decline from the $81 resistance. It broke […]
WTI oil down as China boost fades
Oil prices closed lower overnight as the near term rebound appeared to be fading. The […]