Crude Oil Continues to Gain, Despite the Pullback in Risk Assets
Crude Oil has been making decent gains for more than a week and has climbed above the 50 daily SMA, but is facing further resistance Full Article
Crude Oil Continues the Slide on FED Surprise Fear
Crude Oil has lost around $5 in the last two trading days, as markets fear a surprise hike by the FED or hawkish comments Full Article
Crude Oil Resumes Decline As China Manufacturing Contracts Further
Crude Oil is looking increasingly bearish again as MAs are keeping it down, while the slowdown in China is weakening the demand Full Article
Oil Recovery Stalls at the 50 SMA on Recession Fears
Crude Oil stalled at the 50 SMA after a strong rally for several trading sessions, so we decided to open a sell Oil signal Full Article
Selling the Jump in Crude Oil at Moving Averages
Crude Oil has jumped $2 higher off the lows but the 100 SMA is acting as resistance where we decided to open a sell Oil signal Full Article
Oil Will Be Considered Bullish If the 200 SMA Holds As Support
Crude Oil pushed above the $80 level and broke the 200 daily SMA which if turning into support will help turn the larger trend bullish Full Article
Will Crude Oil Fail at the 200 Daily SMA?
Crude Oil has been unable to push above the 200 SMA on the daily chart, as the global economy slows down Full Article
Will Oil Reverse the Larger Downtrend After the Sudden Cuts in Production?
Crude Oil opened nearly $6 higher last night as OPEC and other Oil producing countries announced an unexpected production cut Full Article
Crude Oil Sticks Around $70 As Global Worries Still Prevail
Crude Oil returned above $70 this week after the reversal following the abating of the banking crisis, but fell below $70 again ahead of the Full Article
Crude Oil Testing the 100 Daily SMA Again, After A Strong Close on Friday
Crude Oil closed a bullish week as Saudis hiked prices, despite a huge buildup in the US EIA inventories Full Article
Selling Crude Oil Again, As the Pressure Remain to the Downside
We have opened another sell Oil signal after our previous long-term trade hit the take profit target today, as the pressure remains down Full Article
Oil Downtrend in Question on OPEC Meeting, EIA Inventories and FED
Crude Oil reversed lower from the 100 daily SMA last week, but bounced higher yesterday after the softer US earnings report Full Article
Crude Oil Jumps $4 on OPEC Production Cut, China Reopening Comments
Yesterday crude Oil fell to $73.60 after opening with a bearish gap, but it reversed back up pretty fast Full Article
Crude Oil to Fall Further on Increased Fundamental Pressure
Crude Oil made a strong reversal on Monday but we're keeping a bearish bias, as the global risk sentiment remains negative Full Article
Is the Trend Changing for USD/CAD As It Finds Support at the 20 SMA?
USD/CAD has been making gains since last week and the 20 SMA has turned into support on the H1 chart Full Article