Tag Archives: Crude Oil

Crude Oil Technical Analysis

The $52.46 resistance level remains key this week with bulls needing

EUR/USD over 1.1661 would hint of a near-term “Head & shoulders” bottom formation (ideally targeting 1.1820).

Markets will stay alert to any hints on a likely ECB QE announcement on Thursday.

The $52.46 resistance remains key this week with bulls needing a close above to

EURUSD: The pair initially extended the decline down to 1.1459 before

US markets are closed due to Martin Luther King day.

The close above the channel top Friday combined with support

EURUSD: The second attempt (with a little help from SNB) lower became

Focus will be on US data. We expect headline CPI inflation to have eased

Thursday’s rally remained capped ahead of the 21-DMA with

EURUSD: The pair initially fell down from the past week’s congestion

In Europe the most interesting release is German GDP for 2014,