Search Results for: crude oil
Brent crude oil prices dip on prospect of record Saudi output
August 18th, 2016
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted price rally this month of nearly 20 percent. International Brent ...
Elliott Wave Analysis On Crude OIL And S&P500
August 12th, 2016
Crude OIL A sharp reaction with clear five waves from 41.08 yesterday on crude oil suggests that there is a lot of bullish momentum behind that move, so even more upside is likely coming. As such, we will expect ...
Crude oil futures mixed before U.S. inventory report
July 20th, 2016
Oil futures were mixed on Wednesday with Brent posting limited gains and U.S. crude trading sideways in advance of the release of official weekly inventory figures later in the day. Brent crude LCOc1 was up 5 cents at $46.71 ...
Asian Stocks Near Three-Month High as Yuan Rises With Crude Oil
July 20th, 2016
Commodity shares decline amid a retreat in industrial metals Hong Kong equity index set for bull market as yuan gains Asian stocks rose with European equity index futures as positive earnings reports from some of the world’s biggest companies ...
Elliott Wave Analysis: Crude OIL Trading In Wave 4; More Upside Could Be Seen Soon
July 11th, 2016
Crude oil has a nice bullish structure on a daily chart where we labeled recent pullback down as wave four of a five wave rise from 26.00. We are quite confident that new highs will be seen very soon, ...
Elliott Wave Analysis On Crude OIL And AUDUSD
July 1st, 2016
Crude OIL OIL is in the corrective mode but near completion, as it seems. This corrective pattern, named a double zig-zag could complete around 47.50-70 area. We can count 5 waves from the lows at 45.83 and as we ...
Elliott Wave Analysis On USD Index And Crude OIL
June 24th, 2016
USD Index As expected price made a nice reversal higher at 93.00 area where a three wave corrective retracement had completed. Now we think that price could already be in a new bullish sequence which can reach for 9860 ...
Elliott Wave Analysis On EURAUD And Crude OIL
June 13th, 2016
EURAUD EURAUD looks very interesting for a possible trade on the long side. We keep this pair on the radar for a potential trade since we are close to the end of the corrective pullback after price traced out ...
Elliott Wave Analysis: Crude OIL Indicates More Gains In View; 54/55 Area May Be Ideally Reached
June 7th, 2016
Crude oil is trading nicely to the upside for the last four months and it appears that market will move even higher in days ahead since we see just another minor correction around 50 level. As such, market can ...
Elliott Wave Analysis On S&P500 And Crude OIL
April 20th, 2016
S&P500 E-mini S&P500 is back at the highs, now already in black wave 5 of 5) about that we talked in our recent updates. Price is also now approaching 2100 level where gains can be limited based on psychological ...
