Search Results for: crude oil
Crude oil and NZDUSD Aiming for Weaker Prices – Elliott wave Analysis
August 9th, 2018
Crude oil is moving sharply lower after a very nice technical reaction lower from the upper channel resistance line that put highs in play for sub-wave 2) at 69.85. If that is the case, then current drop is part ...
Elliott wave Analysis: S&P500 and Crude OIL Update
February 16th, 2018
Elliott wave Analysis: S&P500 and Crude OIL Update S&P500 is trading in a three-wave rise, as part of a corrective blue wave B. We see legs A) and B) of this correction complete, so current rally can be ...
Elliott wave Analysis: Crude oil and EURJPY
January 25th, 2018
Elliott wave Analysis: Crude oil and EURJPY Crude oil can be trading at the end of a sharp, impulsive wave three near the 66.15 region. We may already see first step of a temporary pullback of wave iv take ...
Brent crude oil rises to $70
January 15th, 2018
Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North ...
Elliott wave Analysis: USDCAD and Crude oil Intra-day Updates
January 5th, 2018
Elliott wave Analysis: USDCAD and Crude oil Intra-day Updates USDCAD broke lower, now making a sharp fall out of a Elliott wave triangle it seems so we need five sub-waves within a fifth wave before this bear move ...
Elliott Wave Analysis: USD Index and Crude oil Update
November 2nd, 2017
USD Index broke to a new high of the month recently, so we have to respect what the market is doing and go with the flow. It’s a sharp rise up from 93.48 region that looks like a wave ...
NZD/USD Back In Downtrend, Crude Oil Testing Neckline-Elliott Wave Video
October 24th, 2017
We have seen some nice breakdown on NZD/USD last week, a push below two-year old trendline support which means that pair can be in a new bearish cycle. We are tracking an impulsive decline, meaning that weakness is expected ...
Elliott Wave Analysis: USD Index and Crude OIL
October 10th, 2017
Elliott Wave Analysis: USD Index and Crude OIL USD Index is making a new sharp decline away from 94.30 region, where bigger degree wave 5 was completed. We now see a five-wave fall in play with price trading ...
Elliott Wave Analysis: GBPUSD, USDNOK and Crude oil
September 28th, 2017
Elliott Wave Analysis: GBPUSD, USDNOK and Crude oil From USD bearish point of view our favorite pair may still be GBPUSD because of overlapping decline, especially in latest stage of a decline, which is normally evidence of lower ...
Elliott Wave Analysis: EURUSD, Silver and Crude oil
September 27th, 2017
Elliott Wave Analysis: EURUSD, Silver and Crude oil EURUSD may see a bounce in the near-term at least in three waves as five wave decline from Sep 22nd high and divergence on RSI suggest that bottom may not be ...
