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Crude Oil Prices Jump on Positive U.S Data

April 6, 2010 10:00 am by Anton Eljwizat

Crude oil prices soared today to the highest level since October 2008 as belief in the U.S. recovery from the global recession gained strength.

Crude Oil Nears the $83 Level

March 31, 2010 1:54 pm by Anton Eljwizat

Crude Oil has been experiencing much bullish behavior in the last few days. However, there is much technical data that supports a bearish move for today. I will illustrate below that the oil may very well be heading for a ...

Crude Oil Hits near $82.50 Level

March 8, 2010 11:15 am by Anton Eljwizat

Crude oil prices rose significantly in the last two weeks and peaked at $82.30 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 ...

Oil drops on Stronger Dollar

January 22, 2010 10:35 am by Anton Eljwizat

The Oil prices are once again dropping, and it is currently traded around $76.00 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 ...

Spot Crude Oil Rises Above $74

December 17, 2009 3:28 pm by Anton Eljwizat

Following a report from the U.S. Department of Energy yesterday, showing a decline in crude oil supplies, oil prices shot up and are now being traded at over $74.00 a barrel. However, I will illustrate below that crude oil may ...

Crude Oil Falls Below $74

December 8, 2009 2:19 pm by Anton Eljwizat

Crude oil prices have dropped significantly yesterday and peaked at $73.50 per barrel. However, as I will demonstrate below, the price of crude oil may very well be heading for a reversal. Forex traders can take advantage of this impending ...

Crude Oil Prices Set to Decrease

November 18, 2009 7:29 pm by Anton Eljwizat

Crude 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 Eljwizat

Crude 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 ...