Tag Archives: Crude Oil

Crude Oil Technical Analysis

With the contract having looked uncomfortable below $90.50 the result has been a bounce that saw a close

EURUSD: The short term 8day ‘Tenkan-Sen’ and the weekly mid-body point just above 1.29 attracted responsive sellers yesterday,

Once again X14 has baulked at a close below the $90.50 level with bears looking for

EURUSD: EUR/USD over 1.2877 would target 1.2931 next… Read the full report: Technical Alert

Focus will be on flash estimates for PMIs. In the euro area we expect bothmanufacturing PMI and service PMI to

The sequence of lower daily highs reflects the current bearish pressure with

EURUSD: The drop below 1.2834 became exactly the kind of lowconviction move that one expects to

In the euro area, ECB president Mario Draghi will testify before the EuropeanParliament’s Economic and Monetary Committee at 15:00 CET.

Time spent above the 21-DMA was brief for X14 with the close below Thursday

U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,

EURUSD: The move higher, and especially so if taking out 1.2943, isquestioning the call for a final drop below 1.2834.

Main focus will be the digestion of the Scottish referendum. The ‘No’ vote means wewill see some relief in the markets.