[ad_1] Oil Price Analysis and Charts Crude oil prices sink again End-demand worries continue to overshadow a more bullish supply picture The technical charts may point to further short-term losses Recommended by David Cottle How to Trade Oil Crude oil prices struggled again on Wednesday in Europe, extending consistent falls seen since mid-August. The energy
[ad_1] Crude Oil, WTI, Head & Shoulders – Technical Update: Crude oil prices may be readying to extend lower Daily chart is maintaining a broader bullish bias But, bearish Head & Shoulders in focus on 4-hour Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Daily Chart WTI crude oil prices may be reading to
[ad_1] Number of traders net-short has decreased by 19.91% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Oil – US Crude BEARISH 50.02% 49.98% 11.91% Daily 8.40% Weekly -11.99% Daily -19.91% Weekly -1.46% Daily -7.87% Weekly of clients are net long. of clients are net short.
[ad_1] Crude oil sets the support and resistance going into next wk A week or so ago, the price of crude oil moved above a key swing ceiling between $82.43 and $83.44 (see yellow area and read numbered circles on the chart above). The price moved above that ceiling on Wednesday of last week, closing
[ad_1] Crude oil settles at $79.38 Down -$1.61 or -1.99% The high price reached $81.43. The low price reached $79.28 There is support near the $79 level. Move below that level and it would open the door for further downside potential. The swing high from July 14 comes in at $77.30 and would be a
[ad_1] Market Recap The value-growth divide since the start of the month continued to play out last Friday, as market participants pare their exposure in US big tech and semiconductors, while value sectors held firm with a notable pull-ahead in the energy sector (+1.6%). Some unease were triggered by the upside surprise in US producer
[ad_1] Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar outperformed its major counterparts this past week, with the DXY Dollar Index gaining over 0.8 percent. In fact, the DXY just wrapped up its 4th consecutive weekly gain. The last time the same winning streak occurred was back in February. A 5th
[ad_1] Crude Oil, WTI, Brent, API, EIA, LNG, Woodside, USD/JPY, EUR/JPY, Hang Seng – Talking Points Crude oil surges on energy market supply concerns around LNG Japanese Yen continues to weaken with EUR/JPY eclipsing a recent peak Financial markets appear poised for action as they await impending US CPI today Recommended by Daniel McCarthy Understanding
[ad_1] CRUDE OIL, WTI, NATURAL GAS, NG – Outlook: Crude oil looks overbought as it tests vital resistance. Natural gas remains in a slow and hesitant uptrend. What is the outlook for crude oil and natural gas and what are the key levels to watch? Recommended by Manish Jaradi How to Trade Oil Natural gas:
[ad_1] Market Recap Wall Street continued its decline for the second straight day (DJIA -0.54%; S&P 500 -0.70%; Nasdaq -1.17%) with growth sectors bearing the brunt of the sell-off once more, as market participants de-risk in the lead-up to the upcoming US Consumer Price Index (CPI) release. Over the past week, the Nasdaq is down
