posted by
commodityblog
12 days ago
in Fundamental, Gold, Oil
Commodities continue to be beaten by the crisis in Europe. Oil extended its decline and gold erased this year’s gains as the dollar strengthened on the European problems. Crude oil has its own bearish story.
posted by
FXTimes
12 days ago
in Technical, Daily, Oil
WTI Crude Oil failed to bottom out last week after consolidation, trying to hold the market above the 95.50 handle. Risk aversion continues to pressure commodities, and WTI pushed below 95.50 to start the 5/14 trading session. After we conclude t
posted by
ejc
12 days ago
in CAD, Daily, Oil
WTI crude prices have been trading as a global growth proxy so today’s fall below $95 is a reflection and confirmation that optimism is dwindling.An...
posted by
moneymaker
13 days ago
in Gold, Oil
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posted by
FXEmpire
14 days ago
in Technical, Daily, Oil
The Light Sweet Crude market fell during the session on Friday as the “risk off” trade came back. The fears of the issues in the European Union remain high, and the unknown is something that has the market selling first and asking questions later
posted by
liorcohen
14 days ago
in Weekly, Gold, Oil
Following the results of the French and Greek election the market reacted to this news as the Euro declined during the week and dragged along with it other currencies such as the Aussie dollar and also commodities prices such as oil and gold.
posted by
liorcohen
14 days ago
in USD, Weekly, Oil
Natural gas prices kept their rally and spiked during the week; the short term future erased the drop of the past three months in a matter of a three weeks. According to the recent NG storage update, there was only a 30 bcf injection, which is n
posted by
liorcohen
15 days ago
in Fundamental, Weekly, Oil
Natural gas prices spiked during the week and it seems this rally might continue in the near future. I have already referred to this recovery and think it’s a little over blown. The natural gas storage increased again at a slower pace than a year
posted by
liorcohen
16 days ago
in USD, Daily, Oil
Gold price changed direction for the first time this week and edged up on Thursday. Silver price continued its downward trend; crude oil price (WTI) also shifted gears and moderately increased; natural gas future price continued it rally and slig
posted by
ew-forecast
16 days ago
in USD, Technical, Oil
We slightly reworked the wave count on crude, which however still shows the same direction. Weakness is expected while price trades below 98.10. We favour a triangle idea with wave d) in progress and e) yet to come, before price breaks beneath $9