All Blog Posts Tagged 'Oil' (135)

FX Light - WTI, EURUSD, Gold and some Fib Levels

Here comes Santa Claus….and the end of year rally in the equity markets. SPX prices are testing resistance in the 2067.90-79.60 area marked by the 38.2% Fibonacci expansion and the December 5 high. A daily close above this barrier exposes the 50% level at 2098.60. However looking at the negative…

Continue

Added by Gary on December 22, 2014 at 11:25am — No Comments

FX Light - Janet Yellen Speech Rumour & US Oil

I am continuing to trade gold to the long side.  Although I acknowledge that this $1180 support/resistance has been passed over so often the line must surely have been rubbed out by now, I continue to make money with the trade and will continue to take…

Continue

Added by Gary on December 9, 2014 at 9:30am — No Comments

Crude Oil Daily Forecast Dec 03 2014

Outlook in Crude Oil has turned neutral with risk to the downside , resistance comes at the 69.50  , a failure to hold above the 69.50 levels on a daily closing basis , could mean a return to the 65.80 /63.70 levels , a cut would open 60.00 next , a halt is likely , but further down will aim the 55.00 levels.

On the upside , break of 69.50 on a daily closing basis will turn outlook neutral for retesting 73.68 levels before the next possible fall , however , break of the 73.68 levels…

Continue

Added by Haitham653 on December 3, 2014 at 7:22am — No Comments

FX Light. Bought USDRUB.

If you are in the United States then Happy Thanksgiving. For the rest of us we will be thankful when liquidity returns next week. I’ve managed to eek out a few percent last night and this morning but the markets are very quiet with likely two exceptions, Oil and…

Continue

Added by Gary on November 27, 2014 at 10:20am — No Comments

Swiss Franc Ready For Major Moves

EUR/USD, USD/CHFWeek Ahead: Forex Markets Analysis

 

If there is any way to characterize the overall behavior in forex markets for the final portion of the summer, it would be done using the pronounced bullish moves that have been see against the Euro and Pound.  Most of this positive activity in the greenback has been supported by risk aversion and geopolitical…

Continue

Added by Richard Cox on October 9, 2014 at 5:40am — No Comments

Commodities Primed For Rebound - Where are Gold and Oil Headed Next?

Recent moves in stocks have led to market jitters and renewed projections that indices like the Dow Jones Industrials and S&P 500 have reached a top in their historic run higher this year.  Most of the objective indicators (in areas like P/E valuations for the indices as a whole) suggest that this is not yet the case but those of us that have experience watching these markets have seen plenty of occasions where sentiment can trump corporate performance and bring safe haven assets…

Continue

Added by Richard Cox on October 8, 2014 at 12:19pm — No Comments

Euro Sights Set On 1.35

Euro Sights Set On 1.35

The US Dollar is once again making progress against its European counterpart as the EUR/USD forex pair is no clearly set on a test (and likely break) of the 1.35 level.  The PowerShares DB US Dollar Index Bullish ETF (NYSE: UUP) is showing more bullish consistency than we have week in the last few weeks.  At this stage, it will be up to the central banks to determine the next real direction for these currencies, as we…

Continue

Added by Richard Cox on July 16, 2014 at 8:08pm — No Comments

E-Cigs And the Influence On Stocks

The cultural shift toward everyday behavior that is more health-conscious is undeniable, and the latest example of this can be seen in the recent popularity shown in the electronic cigarette.  E-cigarettes have replaced the paper dinosaurs that marked the generations of our fathers and grandfathers -- and there are some key distinctions that will be seen in the market as a result of these emerging trends.  Since those of us that are non-smokers might not be acutely aware of the…

Continue

Added by Richard Cox on July 16, 2014 at 11:47am — 2 Comments

Crude Oil Daily Forecast Mar 06 2014

The Crude Oil maintained a strong bearish momentum yesterday , topped at the 103.50 levels and bottomed at the 100.83 levels .now pressure will be on the key support 100.83….

The Crude Oil will have to hold below the 100.83 levels on a daily basis to push the market for further downside losses , If seen It will target the 99.60 levels , where a breach will turn focus on the 98.00 levels , further losses will aim the 96.50 levels.

Alternatively , a failure to hold below the…

Continue

Added by Haitham653 on March 6, 2014 at 10:31am — No Comments

Crude Oil Forecast Feb 10-14

Recommendations: LONG positions above 97.11  with 100.73 & 102.43 as next targets.

Alternative scenario:The downside breakout of 97.11 will call for a slide to 95.60/93.90.

Description: The Crude Oil maintained a bullish momentum last Friday , bottomed at the 97.11 and topped at the 100.15 levels , this development leaves the pair targeting the 100.73 levels where a breach is likely , If seen ,It will target the 102.50…

Continue

Added by Haitham653 on February 10, 2014 at 6:23pm — No Comments

Crude Oil setup for next week

Crude, after bottoming out at 91.16 area, have corrected quite a lot.

It has shown a pin bar from a very important support zone, 96, showing the rejection.

There is a possibility that the up move might continue for a short while, but this might be zigzag in nature. The first target is around 100 zone and the…

Continue

Added by Deb Roy on January 31, 2014 at 9:26pm — No Comments

Crude Oil is set to recapture 97.80 with a breach !

The Crude Oil maintained a bullish momentum yesterday , bottomed at the 95.59 levels .This development leaves the pair targeting the 97.80 levels where a breach is very likely , If seen , it will turn focus on the 98.50 levels , further out will aim the 99.30 ahead of 100.73 levels.

On the downside , support comes at the 95.59 levels , losing this level on a daily closing basis would turn outlook neutral and bring a slide to the 93.89 levels, a halt is suggested , but further losses…

Continue

Added by Haitham653 on January 29, 2014 at 12:00pm — No Comments

Intraday Market Forecast 14 Jan 2014

Intraday Market Forecast will be focusing on EURUSD , XAUUSD & Crude Oil today :

EURUSD: (Upside Bias )

Recommendations: LONG positions above 1.3645 with 1.3675 & 1.3700 as next targets.

Alternative scenario:The downside breakout of 1.3645 will open 1.3620/1.3590 levels.

Description: Intraday bias in EURUSD is on the upside as long as support…

Continue

Added by Haitham653 on January 14, 2014 at 8:00am — No Comments

Intraday Market Forecast 13 Jan 2014

Intraday Market Forecast will be focusing on EURUSD , XAUUSD & Crude Oil today :

EURUSD: (Upside Bias )

Recommendations: LONG positions above 1.3600 with 1.3710 & 1.3745 as next targets.

Alternative scenario:The downside breakout of 1.3600 will open 1.3550/1.3500 levels.

Description: Intraday bias in EURUSD is on the upside , and rise from…

Continue

Added by Haitham653 on January 13, 2014 at 8:51am — No Comments

Intraday Market Forecast 10 Jan 2014

Intraday Market Forecast will be focusing on EURUSD , XAUUSD & Crude Oil today :

EURUSD: (Under Pressure )

Recommendations: SHORT positions below 1.3650 with 1.3580 & 1.3555 as next targets.

Alternative scenario:The upside breakout of 1.3650 will open 1.3680/1.3710 levels.

Description: The pair is under pressure as long as trades below 1.3650…

Continue

Added by Haitham653 on January 10, 2014 at 7:55am — No Comments

Intraday Market Forecast 09 Jan 2014

Intraday Market Forecast will be focusing on EURUSD , XAUUSD & Crude Oil today :

EURUSD: (Under Pressure )

Recommendations: SHORT positions below 1.3618 with 1.3550 & 1.3530 as next targets.

Alternative scenario:The upside breakout of 1.3618 will open 1.3655/1.3685 levels.

Description: The pair is under pressure as long as trades below 1.3618…

Continue

Added by Haitham653 on January 9, 2014 at 9:11am — No Comments

Intraday Market Forecast 08 Jan 2014

Intraday Market Forecast will be focusing on EURUSD , XAUUSD & Crude Oil today :

EURUSD: (Cautious Rebound )

Recommendations: LONG positions above 1.3580 with 1.3630 & 1.3650 as next targets.

Alternative scenario:The downside breakout of 1.3580 will open 1.3550/1.3520 levels.

Description: At the moment ; the pair is rebounding to the upside ,…

Continue

Added by Haitham653 on January 8, 2014 at 9:10am — 10 Comments

Intraday Market Forecast 07 Jan 2014

Intraday Market Forecast will be focusing on EURUSD , XAUUSD & Crude Oil today :

EURUSD: (Cautious Rebound )

Recommendations: LONG positions above 1.3580 with 1.3650 & 1.3675 as next targets.

Alternative scenario:The downside breakout of 1.3580 will open 1.3550/1.3520 levels.

Description: At the moment ; the pair is rebounding to the upside ,…

Continue

Added by Haitham653 on January 7, 2014 at 9:35am — No Comments

Intraday Market Forecast 06 Jan 2014

Intraday Market Forecast will be focusing on EURUSD , XAUUSD & Crude Oil today :

EURUSD: (Under Pressure )

Recommendations: SHORT positions below 1.3640 with 1.3560 & 1.3530 as next targets.

Alternative scenario:The upside breakout of 1.3640 will open 1.3670/1.3710 levels.

Description: Stability below the key resistance 1.3640 will keep the…

Continue

Added by Haitham653 on January 6, 2014 at 8:52am — No Comments

Crude Oil – Daily Forecast 03 Jan 2014

Recommendations: SHORT positions below 98.95  with  93.85 &  92.00 as next targets.

Alternative scenario:The upside breakout of 98.95 will open  99.35/100.73.

Description:The Crude Oil maintained a bearish momentum yesterday , topped at 98.95 and bottomed at the 95.33 levels, now pressure will be on the key support 95.33.The Crude Oil will have to hold below the 95.33 levels on a daily closing basis to push the market for further…

Continue

Added by Haitham653 on January 3, 2014 at 2:18pm — No Comments

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video