Search Results for: crude
Oil Prices Falls On Lower Chinese Crude Imports
November 8th, 2017
Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported on the back of OPEC-led supply cuts. Traders said the market was eyeing ...
Elliott Wave Analysis: USD Index and Crude oil Update
November 2nd, 2017
USD Index broke to a new high of the month recently, so we have to respect what the market is doing and go with the flow. It’s a sharp rise up from 93.48 region that looks like a wave ...
NZD/USD Back In Downtrend, Crude Oil Testing Neckline-Elliott Wave Video
October 24th, 2017
We have seen some nice breakdown on NZD/USD last week, a push below two-year old trendline support which means that pair can be in a new bearish cycle. We are tracking an impulsive decline, meaning that weakness is expected ...
Elliott Wave Analysis: USD Index and Crude OIL
October 10th, 2017
Elliott Wave Analysis: USD Index and Crude OIL USD Index is making a new sharp decline away from 94.30 region, where bigger degree wave 5 was completed. We now see a five-wave fall in play with price trading ...
Elliott Wave Analysis: GBPUSD, USDNOK and Crude oil
September 28th, 2017
Elliott Wave Analysis: GBPUSD, USDNOK and Crude oil From USD bearish point of view our favorite pair may still be GBPUSD because of overlapping decline, especially in latest stage of a decline, which is normally evidence of lower ...
Elliott Wave Analysis: EURUSD, Silver and Crude oil
September 27th, 2017
Elliott Wave Analysis: EURUSD, Silver and Crude oil EURUSD may see a bounce in the near-term at least in three waves as five wave decline from Sep 22nd high and divergence on RSI suggest that bottom may not be ...
Elliott Wave Analysis: German DAX and Crude Oil
September 6th, 2017
Elliott Wave Analysis: German DAX and Crude Oil German dax looks to be trading in a temporary correction. We see a three-wave pullback in motion, with prices trading in final leg C. Current correction resembles a flat pattern ...
U.S. crude futures fell in Asian trading on Friday
September 1st, 2017
U.S. crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry with nearly a quarter of U.S. refining capacity offline. U.S. West Texas Intermediate (WTI) Clc1 ...
Oil steady after U.S. crude stockpiles drop; traders watch Gulf of Mexico storm
August 24th, 2017
Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico. Brent ...
Oil steady as Brent crude hovers below $50 ahead of OPEC meeting
July 21st, 2017
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level that was briefly breached for the first time in six weeks ...
