Analysis for crude oil over the daily, weekly and monthly timeframes
At the start of another trading week I thought it would be good to check in on oil again which I’ve been writing about during […]
oil trading indicators
Oil prices remain bullish but now heading into a congestion phase on the monthly chart
The price of oil has continued to rise over the last few sessions as I suggested it would in my post of last week. At […]
Oil continues its bullish momentum
Oil is the second of our commodities much in focus today, with Friday’s knee jerk reaction to the geopolitical events propelling it higher on the […]
Technical levels for oil once again in play!
In my post on oil of the 10th July, I highlighted the importance of the ceiling of resistance at $60.20 per barrel and whether this […]
Oil levels and fundamentals in play today, and watch the Canadian dollar
As always, Wednesday is an interesting day for oil traders and speculators with the weekly oil inventories release due later, and one which is forecasting […]
Where next for oil prices?
The question everyone is asking is where is the oil price heading next in the medium term, and for a possible answer we need to […]
Oil’s stately progress higher dented by inventory build
Since the start of the year, the progress for oil could best be described as stately, and over the last few days, we once again […]
A balancing act for oil
As we come to the end of another trading year, oil is now balanced at a delicate tipping point, both fundamentally and also technically in […]