Search Results for: Oil
Elliott Wave Analysis On Crude OIL And USDJPY
September 15th, 2016
Elliott Wave Analysis On Crude OIL And USDJPY Crude OIL Crude oil fell nicely yesterday, into a new impulsive pattern from 46.50 swing high, that we see it as wave C)/3) that belongs to a bigger bearish correction. Well, ...
The British Pound strengthens; Asian Shares continue the fall; Yen Gains; Kiwi weakens; Oil below $44
September 15th, 2016
Pound edges higher ahead of BOE policy meeting; kiwi weakens Hong Kong stocks advance, led by gains in Macau casinos A global equities selloff extended into Asian trading and European stock index futures fell after a slide in oil ...
Oil prices fell on Tuesday on concerns over increased drilling in the United States
September 13th, 2016
Oil fell on Tuesday following a series of gloomy predictions on demand growth that suggested the global overhang of unused inventories may persist for much longer than investors anticipate and temper any pick-up in price. The International Energy Agency ...
Oil extends gains after big U.S. crude stock draw
September 8th, 2016
Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. crude stocks fell 12.1 million barrels last week, data from ...
Elliott Wave Analysis On Crude OIL And GOLD
September 8th, 2016
Crude OIL On the 4h chart of crude oil we can see a very deep retracement from 49.35 to 43.00 but still in three waves which means that it can be a corrective move. An updated count shows ...
Asian Stocks Retreat as Crude Oil Rallies; Yuan Bears Squeezed
September 8th, 2016
Yuan borrowing costs jump offshore on suspected intervention Euro edges higher before ECB reviews policy; Aussie gains Price swings in financial markets are becoming increasingly muted as investors mull the outlook for monetary policy in the world’s biggest economies. ...
Oil edges lower amid scepticism about output freeze
September 7th, 2016
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent crude for November delivery was down 4 cents at $47.22 ...
Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze
September 6th, 2016
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific ...
Oil Rally Fervor Cools as OPEC Output at Record Before Talks
September 5th, 2016
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of a production freeze may not be much of a restraint, ...
Elliott Wave Analysis On Crude OIL And S&P500
September 5th, 2016
Crude OIL Crude oil is making a sharp bounce from 43.00 levels so we are now even more confident that deep retracement from August highs was corrective. It was made by three waves that appears completed now with current ...
