crude oil woes

WTI Technical Analysis Report 8 January, 2021

• WTI oil rising after the price broke above 50,00 • Likely to test next powerful resistance level 55,00 WTI oil continues to rise inside the upward impulse wave (iii) – which is a part…

crude oil woes

WTIUSD Technical Analysis Report 21 December, 2020

WTI oil reversed from round resistance level 50,00 Likely to fall to 45,35 WTI oil recently reversed down from resistance area lying between the powerful round resistance level 50,00 (former major support from the start…

Crude oil

Brent crude oil Technical Analysis Report 25 November,…

Brent crude oil broke strong resistance level 46.60 Likely to rise to 50.00 Brent crude oil continues to rise inside the short-term impulse wave 3 which previously broke above the powerful  resistance level 46.60 (which…

Equities

WTI Technical Analysis Report 11 November, 2020

WTI reached buy target 41.40 Likely to rise to 43.95 and 48.30 WTI continues to rise strongly after the price broke sharply above the resistance level 41.40 (which was set as the likely buy target…

markets stabilize

WTI Technical Analysis Report 03 November, 2020

WTI under bullish pressure Likely to rise to 12355.00 WTI under bullish pressure today as the result of the earlier upward reversal with the daily Morning Star from the support area lying at the intersection…

global stocks slumps

WTI Technical Analysis Report 29 October, 2020

WTI testing support level 36.55 Likely to fall to 35.00 WTI has been falling in the last few trading session inside the short-term downward impulse wave (i), which started earlier from the resistance level 41.50…

Week Ahead

Uncertainty and Risks Remain for US Markets –…

After a tumultuous week in the United States investors are gearing up for more uncertainty next week as US Federal Reserve Chairman Powell reiterated several days ago that while an economic recovery has started in…

Forex Analysis

Forex Technical Analysis & Forecast for September 10th,…

EURUSD, “Euro vs US Dollar” The currency pair performed a decline to 1.1753 and is now correcting. Today, it might reach 1.1820, then decline to 1.1790. At these levels, a consolidation range may form. Upon…

British Pound

Forex Technical Analysis & Forecast 03.09.2020

EURUSD, “Euro vs US Dollar” The currency pair keeps developing a wave of decline to 1.1800. After this level is reached, we expect growth to 1.1850. On these levels, a consolidation range may form. This…