Search Results for: crude oil
Elliott Wave Analysis: German DAX and Crude Oil
September 6th, 2017
Elliott Wave Analysis: German DAX and Crude Oil German dax looks to be trading in a temporary correction. We see a three-wave pullback in motion, with prices trading in final leg C. Current correction resembles a flat pattern ...
Crude oil rose to its highest since June 19
June 29th, 2017
Crude oil rose for a sixth straight session on Thursday to its highest since June 19 on a decline in U.S. output, but ongoing worries about global oversupply continued to drag. U.S. West Texas Intermediate (WTI) crude CLc1 had ...
Yen strengthened as crude oil price tumbled
June 21st, 2017
Shanghai equities fluctuate while Hang Seng index retreats Crude oil price tumbled into bear market on supply glut concerns Asian shares retreated and the yen strengthened as crude oil tumbled into a bear market on concern a global supply ...
Gulf markets set to end the week with losses; Crude oil prices tumbled
June 1st, 2017
Major stock markets in the Gulf look set to end the week with losses on Thursday after crude oil prices tumbled to a three-week low overnight and global bourses stayed mostly weak. Brent crude futures slumped 3 percent to ...
Elliott Wave Analysis: German DAX and Crude OIL
April 28th, 2017
German DAX German DAX is slow above 12400, after that aggressive run up at the start of the week. As such, we assume that move on Monday was a third wave as those are usually the strongest so current ...
Crude oil eases for second day on rising U.S. production
April 13th, 2017
Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched briefly in the last session as rising U.S. production stoked worries about global oversupply. Benchmark Brent crude futures slid 4 cents, or ...
Elliott Wave Analysis: Crude OIL and S&P500
March 30th, 2017
Elliott Wave Analysis: Crude OIL and S&P500 Crude OIL Because of a strong bullish momentum yesterday on oil, we think there is a chance that prices will continue to rise in sessions ahead so move up from 48.36 swing ...
Crude oil hovers near three-month lows as investors await data
March 14th, 2017
Crude oil prices hovered near three-month lows on Tuesday in Asian trading, with investors waiting for key reports and data that may shed light on a supply overhang in the global market. U.S. West Texas Intermediate crude (WTI) CLc1 ...
Elliott Wave Analysis: Crude OIL and GBPUSD
February 24th, 2017
Crude OIL Crude oil found some nice support at 51.80 last week from where a strong recovery appears to be impulsive. Ideally that was wave 1, which found a top around the 54.50 region, meaning that recent slow and ...
Crude oil rises after report shows drop in stockpiles
February 23rd, 2017
Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the view that a global glut is ending. The U.S. West Texas Intermediate crude April contract CLc1 ...
