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....

Better early than never

The US Government failed to reach any sort of deal to approve a budget last Friday. If there's no budget there's no money to...

Will July’s US jobs report rescue the Dollar?

It has been another rough and rocky trading week for the Greenback as heightened political jitters in Washington weighed heavily on the currency. Friday’s potential...

What to Look out for Today – Oil and USD Prices Slip

Amongst the main headlines making the rounds today is the drop in the price of Oil and the Dollar, which have had a strong...

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...

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...

WTI Oil – Triangle Pattern

Crude WTI moves inside a triangle formation which lasts from 5 October. Bullish movement that led to the current price situation began on September...

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...

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...

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