Search Results for: Crude oil
Intraday Elliott Wave Analysis On Crude OIL And GBPUSD
April 11th, 2016
Crude OIL Crude OIL made a strong push to the upside last week, around 39.81, where we labeled this three wave rally as a correction in wave 2. That said we now expect a reversal into lower levels, that ...
Elliott Wave Analysis On USDJPY And Crude OIL
April 8th, 2016
USDJPY Stocks were trading sharply to the downside yesterday which caused some strong buying of Japanese yen, but this can be changing now based on latest price action on USDJPY. We have seen quite a strong turn up so ...
Looming gasoline glut pulls down global crude oil prices
April 5th, 2016
Oil prices dropped for a third session on Tuesday, as weakening demand for gasoline and persistent doubts on whether crude producers will be able to reach an agreement to rein in a worldwide supply glut dragged on the market. ...
Elliott Wave Analysis On S&P500 And Crude OIL
March 31st, 2016
S&P500 E-mini S&P500 is clearly bullish on a daily chart so we will look for more gains after any pullback on lower time frames. Well, in the mid-term traders should be aware of a corrective retracement back to around ...
Elliott Wave Analysis On S&P500 And Crude OIL
March 24th, 2016
S&P500 E-mini S&P500 has been trading higher recently, above 2000 important psychological level so we assume that price is making impulsive recovery; now in fifth sub-wave of an extended wave 3) that can be making a top formation now, ...
Elliott Wave Analysis On Crude OIL And GOLD
March 16th, 2016
Crude OIL Crude oil is trading higher, after breaking above 35.94 at the start of the month which suggests that wave four can be making a flat correction. That’s a 3-3-5 pattern, so leg up from 28.69 should then ...
Elliott Wave Analysis On Crude OIL And German DAX
March 11th, 2016
Crude oil is trading higher, after breaking above 35.94 last week which suggests that wave four can be making a flat correction. That’s a 3-3-5 pattern, so leg up from 28.69 should then unfold as a five wave movement. ...
Crude OIL Trapped In A Triangle
March 3rd, 2016
Crude oil is trading sideways since mid-of February in 28.50-36.00 range that has a corrective personality so we assume its big wave four in progress. It can be a triangle, a five wave pattern that can send price to ...
Crude oil prices fall almost 20 percent since beginning of the year
January 12th, 2016
Crude oil prices continued a relentless dive early on Tuesday, falling almost 20 percent since the beginning of the year as analysts scrambled to cut their 2016 oil price forecasts and traders bet on further price falls. U.S. crude ...
Crude oil prices drop toward $37 as weak outlook prevails
December 30th, 2015
Crude oil futures slipped toward $37 per barrel on Wednesday as the market remained under pressure due to slowing demand and high supplies, while forecasts that a cold snap in Europe and the United States would be short-lived also ...