November 9, 2012

Crude Rebounding Slightly

WTI Crude Daily timeframe price action rebounded slightly higher off last week’s lows. Support on the downside is located at…
November 2, 2012

Crude Oil Trades Lower on USD Strength

S&P pulled back after initial rally on Friday 02nd November, USD Rallies, Gold & WTI Crude oil selloff , EUR…
October 26, 2012

Hurricane Sandy Impacted Crude Oil Trading

The markets are well supplied and the inventories are high, keeping the prices in a range. However, super storm Sandy…
October 5, 2012

Brent Crude Price Declines as European Ministers Meet

Brent Crude Oil, Daily timeframe price action confirmed resistance on Friday 05th October at 112.02 level which is the confluence…
September 28, 2012

Brent Crude Back Above 200 Day Moving Average

Brent Crude daily time frame price action is currently retesting 20 period SMA resistance at 112.40 level. The price bounced…
September 21, 2012

Crude Oil Corrective Pullback

WTI Crude price action created an aggressive pull-back to 90.96 levels from the current high of 100.42. On Monday last…
September 14, 2012

QE3 Impacted USD and Caused WTI to Spike Higher

WTI Crude Oil price is currently trading above 200 Day SMA, helped by the QE3 announcement. FOMC statement on Thursday…
August 31, 2012

WTI Crude Daily Technical Analysis

WTI Crude daily timeframe price action is showing a rising wedge pattern. The price action could not break above 200…
August 17, 2012

WTI Crude Retesting 200 Day SMA

WTI Crude September contract rose to $96.65 and it is currently retesting 200 Day SMA. If the price action breaks…