The Crude Chronicles – Episode 169
Oil Traders Increase LongsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long positions last week from 205k contracts to 239k contracts. Oil prices have been relatively muted this week though are still up on the year so far having rallied more than 13% off initial 2023 lows. Looking at […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (26 January 2023)
2023.01.26 2023.01.26 Short-term analysis for oil, gold, and EURUSD for 26.01.2023 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. Oil is being […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (25 January 2023)
2023.01.25 2023.01.25 Short-term analysis for oil, gold, and EURUSD for 25.01.2023 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 continues rising. […]
WTI crude futures settles at $80.13
Crude oil settled just below the 200 are moving average The high for the day reached $82.22. The low extended to $79.66. The high price yesterday reached the high price from last week near $82.66. The double top neutralize the market a bit. Moving below the 100 hour moving average with momentum in the New […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (24 January 2023)
2023.01.24 2023.01.24 Short-term analysis for oil, gold, and EURUSD for 24.01.2023 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 gold short-term […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (23 January 2023)
2023.01.23 2023.01.23 Short-term analysis for oil, gold, and EURUSD for 23.01.2023 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 EURUSD broke […]
Crude oil back below the $80 (…well only briefly)
Crude oil Read this Term futures have moved back into negative territory and below the $80 level as well. The move below the $80 level did find buyers at $79.91 and has since bounced back higher. The price trades back at $80.42. Recall that on Wednesday, the price moved up to test its 100 day […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (20 January 2023)
2023.01.20 2023.01.20 Short-term analysis for oil, gold, and EURUSD for 20.01.2023 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 short-term […]
WTI crude oil futures settle at $81.64
The price of WTI crude oil futures for February is settling up $0.98 or 1.22% at $81.31. The high price reached $81.91. Low price was at $79.91. For the March contract it is settling at $81.64 up $1.03 For the trading week, the price is up 2.18% The 100 day moving average for crude oil […]
WTI Crude Oil: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023
2023.01.20 2023.01.20 WTI Crude Oil: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 84.15 with a target of 63.00 – 54.50 once a correction is completed. Alternative scenario: breakout and consolidation above the level of 84.15 will allow the asset to […]