Search Results for: oil price
Elliott wave Analysis: NZDUSD Is Recovering Sharply, While Oil Goes With The Bears
June 4th, 2019
NZDUSD has turned up last week, exactly from the lower trendline support of a wedge pattern which appears completed now after a nice breakout. Recovery was also sharp so it looks like a part of an uptrend that may ...
Crude Oil Is Recovering Slowly, and Steadily – Elliott Wave Analysis
January 10th, 2019
On energy we see price recovering in an impulsive manner, ideally unfolding a bigger three-wave reversal. With current rally from the 42.46 level comes an indication that a low had been put in place for a former higher degree ...
Oil bounced by around $1 a barrel; Investors remained on edge
November 21st, 2018
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports. But ...
As Oil Plunges, Energy Junk Bonds Turn Dangerous — Again
November 14th, 2018
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time: “Oil and Gas ...
Elliott Wave Analysis: EURJPY, Crude oil and USDCAD Intra-day Movements
November 12th, 2018
Probably the most interesting pair for JPY trade is EURJPY which is rolling down in five waves from 130.00. It’s a nice looking wave structure that also took price out of an upward channel so more weakness is expected ...
Prices When Gold Is Money
November 9th, 2018
We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced ...
Elliott wave Analysis: Triangle Finished on Crude Oil; More Upside in View
October 1st, 2018
Crude oil has recently fully unfolded a triangle correction in blue wave 4, which found support near the 67.00 area and from there broke higher. We can see a decisive break above the upper triangle line, which confirms a ...
Oil could surge 30% into the mid-$90s within months: Energy expert John Kilduff
September 4th, 2018
U.S. crude oil hasn’t traded at $95 a barrel in since 2014, but this is the year that could change. Energy expert John Kilduff counts Iran sanctions as the top reason West Texas Intermediate (WTI) could climb as much ...
Deutsche Bank traders reaped $35 million on Turkey turmoil
August 16th, 2018
Deutsche Bank AG fixed-income traders generated a $35 million profit in two weeks as economic turmoil in Turkey triggered a slump in assets across emerging markets, according to people with knowledge of the matter. The traders, who work on ...
The yen climbed, gold price increased; Key financial events coming up this week
July 23rd, 2018
The yen climbed and Japanese government bonds slid on speculation that the Bank of Japan may debate some fine tuning in its stimulus policy. Asian stocks were mixed. The rise in Japan’s 10-year benchmark bond yield matched the biggest ...
