UBS Buys Credit Suisse to End Stress
UBS bought Credit Suisse (CS) in a government-brokered deal for 0.76 cents of franc per […]
WTI Oil Futures Resume Bearish Outlook
WTI oil futures collapsed to a 15-month low of 65.68 on Wednesday after breaking the […]
US Oil Resumes Downtrend
WTI crude plunges over mounting recession worries as the bank drama unfolds. A previous break […]
WTI Futures Lose Ground Below Short-Term SMAs
WTI crude oil futures are easing beneath the 20- and 50-day simple moving averages (SMAs), […]
WTI Oil: Oil Price Rose to Five-Week High on Renewed Supply Concerns
The WTI oil is consolidating under new five-week high ($80.90) in early Tuesday, following strong […]
All Eyes on Powell
The week started with worries that China setting its growth target to 5%, a meagre […]
Elliott Wave View: Sideways Price Action in Oil (CL) May Result to the Upside
Cycle from 12.9.2022 low is in progress as a 5 waves impulse Elliott Wave structure. […]
WTI Oil Futures Extend Sideways Pattern
WTI oil futures (April delivery) have been stuck in a rectangle pattern since early November, appearing unable […]
US Oil Bounces Back
WTI crude bounces higher as upbeat Chinese PMI brightens the demand outlook. On the daily […]
US Oil: Waiting for Continuation of Bullish Trend to 90.64
It is assumed that USOIL can form a triple zigzag pattern Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ, where the primary […]
Crude Oil Can be Ready to Break Out of Bearish Triangle
Crude down 8% since last Monday, when Biden’s administration said it is selling 26 m […]
WTI Oil Futures at Risk of a Bearish Breakout
WTI oil futures came under renewed selling pressure on Wednesday, speeding their decline to the bottom of […]