Trading plan for April 15
Let's consider the key levels for oil and USD/CAD
Tag - oil
WTI met resistance
WTI oil formed a “shooting star” candlestick on W1 around 61.8% Fibonacci resistance of the October-December decline.
What may determine the direction of oil prices?
The fears about the global economic slowdown have deepened this week after the disappointing release of manufacturing PMI for Europe. Will this situation put an end to the bullish optimism in the oil market?
Trading plan for March 14
How to trade GBP/USD and oil today?
WTI oil may push higher
It looks like there’s a nice trade setup in WTI oil. The price rebounded from the 100-day MA in the 54.50 area last week.
Trading plan for March 6
Check out the levels of USD/CAD and oil ahead of the BOC monetary policy statement!
Brent oil: inverted H&S is still in place
The prospect of upside is safe as long as Brent remains above 64.34.
Trading plan for February 27
Canadian inflation data, Fed Chairman Testifies and crude oil inventories figures are on the stage for today
Brent may give a great trade
It’s not confirmed yet, but there may be an exciting trading opportunity you wouldn’t like to miss.
Venezuela: real chances for global oil prices?
Traders and investors are curious about the future of the Venezuelan crisis and its impact on the oil market.
Oil is looking for a base
Since the end of December, the price of WTI has substantially recovered.
What do the monthly charts say?
Sometimes it’s worth analyzing big timeframes in order to get important trading hints…
