Trading For Beginners: WTI oil – inside bar

WTI oil price expressed in US dollars increased after bouncing from support at 43.20, which is also the lower boundary of consolidation. Rebound led...

OIL WTI – Breaking Level of 50.00

The price of WTI finally broke out of of quite a flat consolidation within which lasted more than two weeks. Consolidation initially took the form of...

OIL.WTI – will Oil rise from the knees? – 26/12/18

To begin with, a few words explaining where this abbreviation WTI comes from and what it has to do with oil... because, as it...

Oil – Strong Decrease After Inventory Data

Price of WTI oil futures declined strongly after data considering US inventory of this commodity. Close of yesterday’s session happened below key support area...

Saudi Arabia Caused A Drop In Oil Prices

In the end of September 2016 OPEC agreed to limit oil production. But beyond the declaration any specific measures have been postponed until the...

WTI Closer And Closer To The Level Of 50.00

On the weekly chart we see that WTI almost from the beginning of the year moves upward in a correction forming a triangle formation....

The German Federal Election, 2017: How To Trade the Election

The German federal election is getting closer. In the first article on this landmark political event, we explained the fundamentals behind the election. Today, we're going...

Weekly FX Review – November 6th

The melt-up in the commodity complex as represented by the DJ Commodity Index is breaking key topside resistance levels. Above is a 3YR+ chart of...

Watch out for todays US Inventories report!

U.S. West Texas Intermediate and international-benchmark brent crude oil slightly retreated some ground after yesterday’s mixed session. Traders reacted to the forecasts of high U.S....

Westpac: Oil remain supported

Oil jumped higher Monday as non-OPEC countries agreed to contribute a further 558,000b/d in production cuts and remained supported throughout the week on investor...

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