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 […]
oil trading
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 […]
Expect further weakness on the daily US dollar index chart
This week, was of course, dominated by one item of news, which was the much heralded announcement by the Federal Reserve on Thursday of a […]
Market forecast following statements from Draghi and Bernanke
The last seven days have seen the financial markets dominated by two key items of fundamental news. The first from Fed Chairman Ben Bernanke in his annual […]
How I use the CFTC cot data
I just wanted to record a short video to explain how I use the COT data for my own trading analysis, and I was prompted […]
Oil Drifts Sideways
The weaker dollar is not assisting any move in crude oil at present which has currently stalled in the $91-$92 per barrel area following its […]
Oil Still Bullish
For regular readers of various specialist blogs will know, I have been bullish for some time on many of the major commodities and, in particular, […]