Overstretched
The US bonds extended their rally ladies and gentlemen, as one of the Federal Reserve’s […]
Will Deeper OPEC+ Output Cuts Matter for Oil Prices?
Oil prices slide after OPEC+ alliance delays meeting But recent headlines point to consensus Oil […]
Yen Cautious Rebounds While Gold Rallies Above 2k
Yen is having a moderate rebound today, spurred by slightly stronger-than-expected corporate services price inflation […]
USD Slips Below 200-DMA Despite Rebound in Yields
Last week ended on a positive note where the US equities advanced to fresh highs […]
Week Ahead – All Eyes on OPEC+ Meeting, US and Eurozone Inflation to Dominate Too
Oil’s fortunes hinge on OPEC+ meeting outcome on Thursday Eurozone flash inflation and US core […]
Gold Price Dips From $2K While Crude Oil Price Recovers
Gold price surged toward the $2,000 zone before the bears appeared. Crude oil price is […]
Price of WTI Oil Forming a Reversal Pattern
In our analysis of the price of WTI oil dated November 8, we wrote that […]
WTI Oil Futures Held Down by 200-day SMA
WTI futures fall to a 4-month low before attempting a recovery But the 200-day SMA […]
WTI Oil Price Tumbles on OPEC News
WTI oil price was sharply down on Wednesday (4.1% until early US session), deflated by […]
WTI Oil Technical: Recent Plunge Seems to Have Found a Floor ahead of OPEC+
The 7-week decline of -23% in WTI crude oil has started to stabilize in the […]
Oil (CL) Short Term Impulsive Structure Suggests Further Upside
Oil (CL) ended cycle from 9.28.2023 high as a 5 waves impulse. Down from 9.28.2023 […]
WTI oil staying near-term bearish, anticipating delayed OPEC+ decisions
In the current oil market, stability reigns as prices stay in the near-term range, with […]