Oil developing in congestion and preparing to move higher
Next a look at oil, and again from my post of last week this is what I suggested on the daily chart: Note the high […]
forecast for oil prices
Crude oil struggles to move higher – key resistance now in sight (again!)
Crude oil continues to trade in a narrow range moving back and forth between the $91.50 per barrel region to the down side, and $97.50 […]
Where next for WTI crude oil futures following week of indecision?
This was a week of indecision for crude oil futures, with the May WTI contract ending marginally higher, following five days of price action which […]
WTI oil now preparing for a breakout
WTI oil futures continued to trade in a tight range once again today, with the January futures contract closing the oil trading session at $85.89 […]
Oil price forecast
Crude oil futures continued to trade in a narrow range once again yesterday, with the December WTI futures contract closing the oil trading session at […]
Oil futures remain bearish on the daily oil chart
The WTI December oil futures contract closed Friday’s oil trading session at $86.28 having traded in a narrow range for much of the day as […]
WTI oil moves lower along with the CAD/JPY
Crude oil prices closed lower once again in yesterday’s futures trading session with the WTI November contract closing the session at 89.98 on the daily […]