Nothing Can Keep Oil Down, As $100 Turns into Support for US WTI Crude
Crude Oil has bounced off the $100 zone again, suggesting that this area might have turned into support despite global growth worries Full Article
Oil Falls Below $100 Again on Recession Fears
Crude oil has slipped below $100 again today after turning bearish this week on global recession fears Full Article
Oil Reverses Lower, As Anxiety About the Global Economy Grows
US WTI crude oil heads back toward $100 as worries about the global economic growth increase Full Article
Crude Oil Repeats Pattern of Lower Highs, As WTI Heads for $100 Again
US WTI crude oil is facing the $100 again today, after the reversal on Friday after it failed to make higher highs Full Article
Oil Break Below $100 Again, As Commodities Dive on Chinese Lockdown
US WTI crude oil opened with a bearish gap below the 50 daily SMA last night and continues to slide lower as China lockdown continue Full Article
WTI Crude Oil Ends the Week on A Bearish Mode, Close to $100
Crude oil keeps making lower highs as it lower global growth and lockdowns in China keep the sentiment dampened Full Article
Crude Oil Highs Get Lower, As WTI Reverses Down
US WTI crude oil has reversed down today. losing nearly 10% of the value despite France pushing for EU sanctions on Russian oil Full Article
Oil Remains Bullish, As China’s GDP Picks Up Again
Crude oil trading above $107 as the Chinese GDP figures for Q1 beat expectations Full Article
WTI Crude Ends the Week With 3 Strong Bullish Days, As EU Considers A Ban on Russian Oil
Crude oil is closing the week above $106, as the EU is considering a ban on Russian oil, although gains will be limited next week Full Article
Shorting Crude Oil As CPI Inflation Jumps to 8.5% in the US
We decided to sell the retrace in US WTI crude oil below $100 as inflation keeps surging in the US, which will drag the economy down Full Article
USD/CAD Bouncing Off the Bottom of the Range Despite the Decline in Unemployment Rate
USD/CAD is turning bullish again as crude oil turns bearish, with the US WTI falling below $100 Full Article
The Support at $95 Holds for Crude Oil After Breaking Below the 50 Daily SMA
US WTI crude oil made a decisive break pf the 50 SMA yesterday, but it still faces the last support/resistance zone at $95 Full Article
Oil Confined Between MAs, As China Falls in Contraction
Crude oil seems confused from all the headlines and is consolidating around $100/barrel Full Article
The 50 SMA Holds As Support Again for Oil As WTI Bounces Above $100
US WTI crude oil is forming a range around $100, as uncertainty prevails Full Article
UK Brent Oil to Turn Bearish if the 50 Daily SMA Breaks
UK Brent crude oil displaying bearish signals after making lower highs in April Full Article