Tag Archives: Crude Oil

Crude Oil Analysis

February NYMEX WTI prices are trading marginally lower Tuesday after posting some slim gains during the previous trading day.

Crude Oil Analysis

February NYMEX WTI prices are trading lower Monday after posting some moderate gains during the previous session. February WTI futures ended Friday’s session up 17 cents at $93.09 per barrel,

Technical Alert

Biggest change since yesterday morning is the false downside break in multiple dollar pairs. The behavior (spring bottoms and up-thrusts) clearly speaks in favor of seeking a long dollar position for the coming days.Favoured sell = cable.

Crude Oil Analysis

February NYMEX WTI prices are trading marginally lower Thursday as the market attempts to consolidate after yesterday’s strong gains.

Crude Oil Analysis

February NYMEX WTI prices are trading higher Wednesday as risk sentiment gets a boost after the US House passed the fiscal cliff measure with a vote of 257 to 167.

Technical Alert

EURUSD gravestone doji didn’t (yet..) deliver the anticipated decline but topside spikes in the EUR x:s showing tired buyers…

Crude Oil Analysis

February NYMEX WTI prices are trading lower Thursday giving up some of the gains posted the previous day. February WTI futures ended Wednesday’s session at $89.98 a barrel.

Crude Oil Analysis

January NYMEX WTI futures are trading higher Tuesday extending their gains from the previous trading day.

Technical Alert

Major events are the EURUSD violation of 1.3140 and the post Japanese election gaps higher in USDJPY, EURJPY, NIKKEI etc (as being seen as continuation gaps those gaps should soon be closed…).

Technical Alert

Basically more of the same…a bid euro, weaker jpy, US bond futures lower, S&P500 lower…and GOLD unch. Shanghai C flying up to a key reference resistance.

Crude Oil Analysis

January NYMEX WTI futures are trading higher Friday after losing nearly a dollar during the previous day. NYMEX January light sweet crude oil futures settled down $0.88 at $85.89 per barrel,

Crude Oil Analysis

January NYMEX WTI futures are trading lower Thursday, giving back some of the gains posted during the previous day.