WTI Oil: Hits the Lowest Levels in Nearly Six Months Ahead of FOMC Decision
WTI oil price hit new multi-month low on Wednesday morning, in extension of Tuesday’s nearly […]
Crude Oil Price Resumes Slide, Fed Rate Decision Up Next
Key Highlights Crude oil prices declined heavily below the $73.50 support. A connecting bearish trend […]
WTI Crude Oil Holds Neutral in 2023
WTI oil finds significant support at 200-week SMA Will the price end the bearish move […]
WTI Oil Futures: Is the Sell-off Overdone?
WTI oil futures test critical 2023 support zone Technical signals point to oversold levels Sellers […]
Scream Correction
US crude plummeted 4% yesterday and sank below the $70pb mark and Brent slipped below […]
WTI Oil: Bears Hold Grip on Demand Concerns, OPEC+ Decisions
WTI oil price fell below $72 on Wednesday and trading at the lowest levels in […]
Gold Price Retreats From Highs and Crude Oil Price Dives
Gold price is correcting gains below the $2,050 support. Crude oil prices declined steadily below […]
Bonds Rally, Equities Watch
The central bank doves are forcefully back following a significantly lower-than-expected US JOLTS print, and […]
Oil (CL) Should See at Least 3 Waves Rally Soon
Cycle from 9.28.2023 high in Oil (CL) is in progress as a 5 waves impulse […]
Crude Oil Can Resume to 70-72 Support
On a daily chart, we see a drop in crude oil from 130 area as […]
WTI Oil Technical: Positive Elements Intact Ex-post OPEC+
Earlier rally in WTI crude oil fizzled out ex-post OPEC+ meeting due to uncertainty over […]
WTI oil breaks 70, focus shits to 63/67 support zone
WTI crude oil fell sharply overnight, breaking 70 psychological level for the first time since […]