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Tag - oil
Background Let’s look at the background of the price dynamics…
Oil (WTI) didn’t achieve to consolidate its gains above the 200 SMA at H1 chart and around that area, it found dynamic resistance; a move that was confirmed with a double top pattern…
WTI Oil has been bearish across the board, but in an overall picture it’s still riding a bullish structure since mid-July…
Recommendation: BUY 51,5 SL 50,5 TP1 52,8 TP2 53,9…
Oil prices dropped to $50…
Oil prices regained their footing on Monday following substantial losses they experienced last week as an OPEC-led committee pledged to back extension of the supply cut deal and as investors favored riskier assets after the first round of the election…
Crude oil edged down in a subdued trading on Monday as investors are still digesting expansion of the US crude oil production…
If I asked you who is the main stirrer-up of markets…
As Steven Tyler’s (Aerosmith) “there’s something wrong with the world today; the light bulb’s getting dimmed; there’s meltdown in the sky” perfectly describes the political and economic environment in which traders have to operate nowadays…
Traders said prices were being supported by strong demand, and also political uncertainty following the U…
US yields moved higher on Monday as increased geopolitical risks pushed investors to favor safe-haven assets…