Crude Oil Trades Near $87 a Barrel
December 2, 2010 10:20 am by Anton EljwizatCrude oil traded near the highest in almost three weeks after greater-than-forecast growth in U.S. private employment bolstered optimism fuel demand will increase in the world’s biggest crude-consuming nation. However, there is much technical data that supports a bearish move ...
Crude Oil Slips on Firmer Dollar
November 18, 2010 1:50 pm by Anton EljwizatThe Oil prices are once again dropping, and it is currently traded around $82 level. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can take ...
Crude Oil Hits 25-Month High
November 11, 2010 11:03 am by Anton EljwizatCrude Oil reached a 25-month high for a fifth consecutive session on Thursday as strong industrial output sent demand in China to a record and a surplus subsided in top consumer the United States. However, the daily chart is suggesting ...
Crude Oil Inventories Report Expectations
October 20, 2010 4:52 pm by Greg HoldenCrude Oil prices have been on a tear this month. Yesterday in New York, Crude Oil fell more than 4%, the biggest one-day percentage decline in seven months. Since then, however, it has already managed to regain at least half ...
Oil Drops Below $72
August 25, 2010 9:27 am by Anton EljwizatThe Oil prices are once again dropping, and it is currently traded around $71.65 per barrel. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can ...
Crude Oil Prices Set to Increase
July 6, 2010 9:22 am by Anton EljwizatThe Oil prices are once again dropping, and it is currently traded around $71.75 per barrel. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can ...
Crude Oil Rises above $77 a Barrel
June 16, 2010 10:51 am by Anton EljwizatCrude oil prices rose significantly yesterday and peaked at $77.12 per barrel. However, the 4-hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like this can ...
Crude Oil Drops as Dollar Strengthens
May 6, 2010 3:18 pm by Anton EljwizatCrude oil slides below $80 a barrel early today, which is largely owned to the USD's gains vs. the EUR. In the past week, Crude oil has made a significant downward correction, which can be directly correlated with the bearish ...
USD Makes Record Gains; NFP Expected to Accelerate USD-Growth
May 6, 2010 11:31 am by Greg HoldenAnother new month brings with it a fresh Non-Farm Employment Change report from the US government. No doubt many investors have been watching the riots unfold in Greece, bailout packages getting solidified and a shocking plummet in the value of ...