Crude Oil Prices Jump on Positive U.S Data
April 6, 2010 10:00 am by Anton EljwizatCrude 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 EljwizatCrude 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 EljwizatCrude 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 EljwizatThe 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 EljwizatFollowing 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 EljwizatCrude 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 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 ...