Search Results for: crude
Oil prices fall on higher OPEC output, rise in U.S. crude stocks
October 13th, 2016
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. crude stockpiles. Brent crude futures LCOc1 were trading at $51.46 ...
Elliott Wave Analysis On USDCHF And Crude OIL
October 7th, 2016
Elliott Wave Analysis On USDCHF And Crude OIL USDCHF USDCHF fell beneath 0.9649 low last week from where market turned sharply up so we see first signs of a completed corrective decline from 0.9884, labeled as wave E). Wave ...
Oil curves move above $50 as financial confidence in crude rises
October 7th, 2016
U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above above that level in a sign that financial markets have increasing confidence in the sector. U.S. West Texas Intermediate (WTI) futures ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
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, ...
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. ...
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 ...
Elliott Wave Analysis On SILVER And Crude OIL
August 25th, 2016
SILVER On Silver we see a five wave decline down in wave C) that represents final wave of a corrective set-back in big blue wave 4. Well, this decline can be now coming to an end since we see ...