The market continues to move near the lower bound of the yellow channel. Since after the rebound from its lower wall, we saw a gradual upward…
Browsing: oil
The market moves simultaneously within the green and yellow channels. It is not yet clear which of the channels has a stronger influence on price behavior.…
The market continues to move to the target level of 52.63 indicated in the previous review. Since the price is now well below the moving average,…
The chart shows three channels that affect price behavior. Given that the upper boundaries of the red and green channels were previously reached, we can now…
Yesterday was unique for oil margin traders. If you had a long position open or reacted to the news about the sudden attack in Saudi Arabie,…
The US Fith Fleed announced two tankers were damaged after what is supposed to have been a terrorist attack in the Gulf of Oman. At least…
Oil price experienced some positive rebound on Tuesday and showed signs of rallying in the global stock markets. The Tuesday result marks a recovery after four…
The fighting in Libya, cuts by OPEC and U.S. sanctions against Venezuela and Iran have caused the price of oil to surge 2%, which is the…