Crude Oil Approaching $92.30 Level
January 13, 2011 8:08 am by Anton EljwizatCrude oil prices rose significantly in the last week and peaked at $92.30 per barrel. However, the 8-hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities ...
Crude Oil Prices Set to Increase
December 15, 2009 8:02 pm by Anton EljwizatCrude Oil has been experiencing much bearish behavior in the last month. However, there is much technical data that supports a bullish move for today. I will illustrate below that the oil may very well be heading for a reversal, ...
Crude Oil Prices Set to Decrease
November 18, 2009 7:29 pm by Anton EljwizatCrude oil rose above$80 a barrel on Wednesday as the dollar weakened, prompting investors to once again buy into commodities. However, as I will demonstrate below, Crude Oil may very well be heading for a reversal later today. This might ...
Crude Oil Expected to go Bearish Today
October 23, 2009 1:47 pm by Anton EljwizatCrude oil prices rose significantly in the last week and peaked at $81.27 for per barrel. However, However, I will illustrate below that the crude oil may very well be heading for a reversal. Forex traders can take advantage of ...
Crude Oil Hits One Year High
October 20, 2009 12:07 pm by Anton EljwizatCrude oil was little changed near $80 a barrel after rising to a one-year high as the dollar slipped against the EUR, bolstering the appeal of commodities as an alternative investment. However, as I demonstrated below, it seems that the ...
Crude Oil Climbs to Over $77 a Barrel
October 15, 2009 8:57 pm by Anton EljwizatCrude Oil rose above $77 a barrel to settle at a record high for the year on Thursday as economic optimism hinted at a recovery in global energy demand. However, I will illustrate below that the crude oil may very ...
