Forex Friday: Risk Off
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
WTI Oil: Strong Rally Starts to Lose Traction on Overbought Conditions/Inflation Concerns
The WTI oil remains at the front foot and extends strong rise from $72.24 (Feb […]
WTI Crude Oil Gains Some Ground Within Trading Range
WTI crude oil futures’ price is gaining some ground after the strong bounce off the lower […]
US Oil Looks to Bottom Out
WTI crude edges higher over smaller-than-expected US inventories. A bounce off the daily demand zone […]
Fed President Jerome Powell Keeps Saying that Fight With Inflation is Not Done Yet
US equities fell yesterday on the back of two important factors: hawkish comments from the […]
Crude Oil Price Could Recover If It Clears This Hurdle
Key Highlights Crude oil price is facing resistance near the $76.50 zone. A connecting bearish […]
WTI Oil: Limited Upticks to Keep Bears in Play for Fresh Attempts Lower
The WTI oil is consolidating above one-month low after falling by 8.5% last week, deflated […]
US Oil: End of Correction Hints at New Impulse
In the long term, USOIL may form a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary waves Ⓦ-Ⓧ-Ⓨ […]
US Oil Fails to Bounce
WTI crude slipped after a larger-than-expected rise in US stockpiles. A dip below the previous […]
A Huge Few Days Aahead
We’re seeing plenty of caution in the markets this week which is perhaps not entirely […]
WTI: Bears Faced Strong Headwinds and Contained by Daily Cloud Base
The WTI oil price hit three-week low Tuesday, in extension of sharp fall in past […]
WTI crude oil staying bearish despite strong rebound
WTI crude oil rebounded strongly yesterday, as lifted by news of outage of an oil […]