Tag Archives: Crude Oil

Crude Oil Technical Analysis

Time spent above the 21-DMA was brief with the close below reconfirming bearish pressure and

EURUSD: With the break below 1.2908 the past week’s minorcorrection was history and

The result of the first ECB TLTRO will be announced and we expect a fairly low takeof EUR97bn.

The rally is looking a little shaky following the failure at the longer term falling daily trend line with

EURUSD: The market remains grounded as the brief attempt over 1.2990 was responded to (at the intraday stretch).

Key focus will be tonight’s FOMC meeting. It seems increasingly likely that theFed will change its

Following the recent bounces from below the $91.50 level the close well above the 21-DMA sees

EUR/USD over 1.2890 would target 1.3047 next. Below 1.2908 would reopen the recent 1.2859 low again…

Main data releases will be German ZEW and UK inflation.

Yet another dip below $91.50 has lacked follow through with bulls taking comfort in the bounce back towards the 21-DMA.

EURUSD: Today we can with a higher degree of certainty call for anupward reaction to have started.

Only tier-2 data on the agenda today. The US Empire survey will give a first clueabout business confidence in September.