Tag Archives: Crude Oil

Crude Oil Technical Analysis

Bulls continue to take comfort in bounces from ahead of 2014 and 4 year lows and

EURUSD: It is possible that a correction low was put in place yesterday

It is a very thin calendar and most focus will be on speeches by Draghi andWeidmann.

Bulls take comfort in bounces from ahead of 2014 and 4 year lows and below the Bollinger band base with

EURUSD: The market last night, after FOMC, printed a high at 1.2602 before retreating back to

Euro PMIs are due for release and it will be interesting to see whether theimprovement in the financial ZEW expectations is mirrored in the PMIs.

While layers of resistance remain in the $76.48-79.85 region a bearish bias will dominate.

EURUSD: The market is meandering higher in what seems an unfinished correction higher.

Today’s most interesting event are the minutes from the FOMC meeting on 29October,

Bulls took a little comfort in the bounce from fresh 2014 and 4 year lows and

EURUSD: It’s not a one way ticket – as it should be during corrections.

We expect the German financial ZEW expectations to break the 10-month streak ofdeclines and