WTI Crude Oil Hovers Beneath 200-day SMA
WTI trades within symmetrical triangle 20- and 50-day SMAs are ready for bearish cross WTI […]
Market Analysis: Gold Price Regains Strength While Oil Price Takes Hit
Gold price started another increase and surpassed the $2,440 resistance. Crude oil is showing bearish […]
Elliott Wave Analysis: Oil (CL) Sets for Further Sell-off After Bounces
Hello traders, welcome to another blog post. Today, we will examine WTI Crude Oil Futures […]
Dollar Trades Remarkably Resilient Given Risk On and Yield Drop
Markets The Fed kept the policy rate unchanged yesterday at 5.25-5.5%. The new statement featured […]
WTI Oil: At the Risk of Further Drop to Retest Major Range Support of US$73.15-71.35/Barrel
Citigroup Economic Surprise Indices across the different regions (except for Latin America) on average are […]
WTI Outlook: Oil Price Rises on Growing Geopolitical Tensions But Still Holding Under Key Resistances
WTI oil opened with gap higher on Monday, as supply worries rose after the latest […]
WTI Crude Oil Creates Bearish Wave
WTI crude oil tests 77.70 support Price holds beneath SMAs RSI and MACD indicate more […]
Crude Oil Prices Continue to Fall, USD/JPY Tumbles
Key Highlights Crude oil prices started a fresh decline below the $80.00 support. A connecting […]
Oil (CL) Turning Lower in Elliott Wave Impulsive Structure
Short Term Elliott Wave View in Oil (CL) suggests that cycle from 4.12.2024 high is […]
Big Tech Rebound Ahead of Earnings, Oil Slips
Week started on a bullish note in Europe and the US as Jow Biden’s decision […]
WTI Oil Outlook: Bears Taking a Breather After 4.3% Weekly Drop
WTI oil price is holding within a narrow consolidation in early Monday, following sharp acceleration […]
BoJ Hikes, Microsoft Disappoints, Fed Decides
The Bank of Japan (BoJ) raised its rate to 0.25% as cautiously expected and announced […]