Could the Famous “Five-Day” Rule Reveal the Market Direction for the New Trading Year?
The start of each trading year is usually tricky for market participants as they leave […]
WTI Oil Futures Bounce off 1-Year Low
WTI oil futures (February delivery) have been trending lower since mid-June when the price got rejected at […]
US Oil Grinds Higher
WTI crude edges higher over a larger-than-expected draw in US inventories. The commodity has so […]
Stocks Rise Cautiously after Steep Losses Last Week
US futures Dow futures +0.12% at 32930 S&P futures +0.13% at 3855 Nasdaq futures +0.22% […]
WTI Futures Head North after One-year Low
WTI crude oil futures have found a strong support level at the one-year low of 70.15, sending […]
US Oil Sees Timid Rebound
WTI crude bounced after OPEC said it expected demand growth from relaxed COVID policies in […]
Crude Oil Price Clears Hurdle Ahead of Fed Rate Decision
Key Highlights Crude oil price started a fresh increase above the $73 resistance. It broke […]
WTI Oil: Recovery Gains Pace on Fresh Supply Concerns
The WTI oil price rises for the second straight day as fresh supply concerns following […]
Commodities Year Ahead 2023: Gold and Oil Outlook Tied to Fed and Ukraine
The entire commodities spectrum rallied in the first half of 2022 as the war in […]
OIL ($CL_F) Elliott Wave : Forecasting The Decline From Equal Legs Area
Hello fellow traders. In this technical blog we’re going to take a quick look at […]
Week Ahead: FOMC, BOE, ECB and CPI Highlight a Busy Week
Last week, the RBA and the BoC both raised rates as they try and get […]
WTI oil extends rebound, but down trend still intact
Oil prices extended the near term rebound this week as winter storm hit the US. […]