Crude oil Technical Analysis Crude oil futures rallied Tuesday due Tensions between Iran and Saudi Arabiain Baker Hughes oil rig counts from the other week show reduction who could keep prices supported. The Energy Information Administration is also due to report its inventory data today, also today will publish FOMC statement that would likely have an impact on market sentiment.…
crude oil prices – some interesting information for knowing crude oil prices down more than 10% from the last record at 66.60 $ , when it will stop?I’m going to show you some interesting stuff about crude oil prices Later in this article some news comes from IEA:” The International Energy Agency (IEA) today published their forecast for oil demand growth in 2018…
crude oil technical analysis forecast Oil shows signs of inability to cope with price levels of over $ 53, what the next step Choppy trading pattern in WTI crude oil, which has lasted 14 months. As we hit another peak, the risk/reward favor is a move back down, unless we break out above $53. The ability of the industry to…
Canadian Dollar Technical analysis price forecast update This pair is my favorite pair – we achieve 3600 pips over the year’s on the usdcad usd cad forecast i start to analyze usdcad when is faced with the break point in 2013 a quick brief on the economic situation After a short respite from monetary movements more could soon be on the way,…
crude oil technical analysis forecast Oil shows signs of inability to cope with price levels of over $ 50, what the next step Choppy trading pattern in WTI crude oil, which has lasted 14 months. As we hit Another peak, the risk/reward favor is a move back down, unless we break out Above $53.OPEC is struggling to balance the oil…
What is the trend and where is the USD CAD heading ? Earnings season begins this week with three of the biggest US banks due to release their second quarter numbers. Citigroup (C), JPMorgan Chase & Co (JPM) and Wells Fargo & Co (WFC) will set the pace with results due on Friday.US banks enjoyed a boost after the Federal…
Canadian Dollar Technical analysis forecast update This pair is my favorite pair – we achieve 3600 pips over the year’s on the usdcad We start to analyze usdcad when is faced with break point in 2013Couple of months I did not talk about usd cad pair, but after yesterday announcement and tomorrow- fed rate we need to be ready to…
Canadian Dollar Technical analysis forecast USD/CAD long time no speak …. From the last post Stagnating Price of the Canadian Dollar Facing on End Not so much change but we should expect for more corrections in his pair, as far as I’m seeing at the charts there is more room for downside target’s, let’s say that 1.2830+_ area will show on…
Crude Oil Prices Forecast Analysis Update Crude oil technical analysis Will the history repeat itself ….. well if you ask me the answer will be yes !We saw today almost 7% move in crude oil price, OPEC agrees first oil output cuts since 2008, an agreement was in line with an accord reached in Algiers in September. OPEC member Algeria…
Is Stagnating Price Of The Canadian Dollar Facing on End what the past could tell us on usd cad future moves Canada is particularly vulnerable to monetary policy divergences with the Fed because its C/A deficit is predominantly financed by debt related flows, and these bonds are regarded as relatively close substitutes with USD fixed income instruments, The currency pair…