Tag Archives: Crude Oil

Technical Alert

EURUSD remains aggressively neutral inside 1.3257 & 1.3404, while the yen comes crawling back and looks set to keep scoring for USDJPY to test ~87.80 and AUDJPY ~92.40…

Technical Alert

EURUSD still trades in what looks like a bullish triangle, so one more high is in the cards. Theoretical targets on an upper break come in at 1.3487 or 1.3545.

Technical Alert

A rather uneventful morning with many pairs in consolidation mode. Noted are however the returned demand for bonds and a potential textbook inverse head and shoulders pattern in BUNDS.

Technical Alert

Key stories remains the stronger euro and the weak jpy and gbp. Precious metals made a substantial move higher. EURUSD failed to make the down and up move (became an up only one…) and

Technical Alert

Not terrible eventful overnight…. AUD losing some ground and JPY a tad weaker. EURUSD worked its way into a broader support zone yesterday and bias hence remains for more losses,

Technical Alert

The euro is still on the back foot and the yen is healing the hurts, at least some of it… EURUSD looks staged to recheck a short-term Fibo retracement grid below, starting at 1.3250.

Technical Alert

The euro looks stretched against many of its peers and it wouldn’t be overly surprising to see it starting to give back some…

Technical Alert

The market is basically still in the process of digesting the eruptions from Thursday. Short term we will probably be tracing out marginally fresh euro peaks but the short term reaction risk is high.

It’s bascially back to the drawing board after yesterday’s €urophoria…our view of a soon break lower in EURUSD has been proven wrong and a new high above 1.3309 to be seen before a new attempt to peak will take place.

Technical Alert

EUR & GBP slid lower yesterday but are likely to take a breather ahead of today’s CB meetings. AUD/USD is a must watch as we possible are exiting a large bull triangle.

Crude Oil Analysis

February NYMEX WTI prices are trading marginally lower Wednesday after closing the previous day at around unchanged levels.

Technical Alert

Time for USDJPY to correct the short- medium term stretch… EUR/USD Checking mid-1.31 resistance… USD/JPY Time to correct some stretch…