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...

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...

Gains of Oil During OPEC Meeting

An hour ago OPEC meeting in Vienna started. So far oil price is reacting with gains for the information leaking out of the meeting. Iraq...

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....

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...

A Surprise Turn to the Right

One of the most common questions asked about the 2008 financial crisis is "didn't people know that the housing market was in a bubble?"...

Analysis for Newbies: AUD/CAD – prospects for oil will sustain declines? – 05/02/2019

AUD/CAD pair quotations indicate a downward trend since the beginning of 2017. An interesting phenomenon is a fact that despite their dynamics, the appearing...

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...

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...

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