WTI crude futures settle at $75.88
WTI crude oil futures are settling at $75.88. That’s down -$0.53 or 0.69%. The high price today reached $77.24. The low price extended to $74.97. Looking at the hourly chart, the price has been stepping down below it’s 100 hour moving average since breaking below on Friday. In trading on Wednesday, the price test that […]
The Crude Chronicles – Episode 171
Oil Traders Increase LongsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long positions again last week. Total upside exposure was increased for the second week, from 239k contracts to 249k contracts. Despite the uptick in bullish bets, oil prices have suffered recently with crude futures falling around 7% from […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (1 February 2023)
2023.02.01 2023.02.01 Short-term analysis for oil, gold, and EURUSD for 01.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. EURUSD tested support […]
Technical trade Set Ups For Gold, Silver, Crude & AMD |
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Technical analysis of US Crude, XAUUSD, and EURUSD for today (31 January 2023)
2023.01.31 2023.01.31 Short-term analysis for oil, gold, and EURUSD for 31.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The oil price […]
WTi crude oil settles at $77.90
Crude oil falls away from its 100 hour MA and swing area Looking at the daily chart above, the price highs over the last 8 or so trading days have been skimming near the 100 day MA (blue line) at $81.88. The high price on Friday reached above that MA but could not reach the […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (30 January 2023)
2023.01.30 2023.01.30 Short-term analysis for oil, gold, and EURUSD for 30.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Euro is being corrected […]
Crude Oil Price Firms as Markets Appraise Fed Hiking Against China Re-opening
Crude Oil, WTI, Brent, FOMC, Fed, BoE, ECB. OPEC+ China, Contango – Talking Points Crude oil prices found some support today as China returns from holidays Offsetting Chinese optimism, the Fed, BoE and ECB are set to hike this week OPEC+ will be meeting on Wednesday and contango remains in play for WTI Recommended by […]
WTI Crude Oil: Elliott wave analysis and forecast for 27.01.23 – 03.02.23
2023.01.27 2023.01.27 WTI Crude Oil: Elliott wave analysis and forecast for 27.01.23 – 03.02.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 85.30 with a target of 63.00 – 54.50. Alternative scenario: breakout and consolidation above the level of 85.30 will allow the asset to continue rising to the levels […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (27 January 2023)
2023.01.27 2023.01.27 Short-term analysis for oil, gold, and EURUSD for 27.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is being […]