Weekly Commodity Outlook
February 28, 2011 9:50 am by Anton EljwizatCrude oil Crude oil rose, capping the biggest weekly gain in two years, on concern that the turmoil in Libya will spread to Middle East petroleum producers. Grains jumped, driving a measure of raw materials up to a record.
Weekly Commodity Outlook
January 31, 2011 4:24 pm by Anton EljwizatCrude Oil Crude oil recovered, gaining more than 4% on Jan. 28, amid concern that unrest in Egypt could spread to other regional producers. Prices recouped losses sustained earlier last week after Saudi Arabian Oil Minister Ali al-Naimi said OPEC members ...
Crude Oil- Technical Signal
January 31, 2011 2:04 pm by Anton EljwizatCrude oil prices rose significantly in the week and peaked at $90.70 a barrel. And now, there appears to be a recent bearish cross on the 8-hour chart’s Stochastic (slow) and MACD, highlighting significant downward momentum building on this commodity’s ...
Buy Signals on Crude Oil
January 26, 2011 2:52 pm by Anton EljwizatCrude oil prices have recorded much bearish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, the 8-hour chart’s Stochastic Slow signals that a bullish reversal is imminent. An ...
Crude Oil May Turn Bullish
January 25, 2011 6:38 pm by Anton EljwizatCrude oil prices are once again dropping, and it is currently traded around $86.40 per barrel. And now, the 4-hour chart's Slow Stochastic is giving bullish signals, indicating that crude oil prices might go up. In addition, the Relative ...
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 Decrease
December 29, 2010 2:15 pm by Anton EljwizatCrude oil prices have recorded much bullish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, the daily chart's Stochastic Slow signals that a bearish reversal is imminent. A ...
Crude Oil Expecting an End-of-Year Bullish Leap?
December 20, 2010 8:00 pm by Greg HoldenThe price of Crude Oil has been rising over the past few weeks, but the corrective retracements have many analysts wondering what forces are affecting the market.
Crude Oil Hits a 2-Year High
December 6, 2010 11:46 am by Anton EljwizatBy last week’s Tuesday, a rumor has spread that the European Central Bank (ECB) is buying bonds, and as a result spurred a rally for the euro. In addition, dollar-dominated commodities, such as crude oil and gold strengthened as well. ...
Crude Oil Approaching $89.70 Level
December 6, 2010 11:41 am by Anton EljwizatCrude oil prices rose above $89 a barrel today, despite an unexpected rise in US unemployment. Oil has made a significant upward correction, which can be directly correlated with the bullish trend of the EUR/USD cross. This recent activity has ...
