Where next for the price of oil?
I was taken to task recently by one of my readers who suggested my bullish analysis for oil was well off the mark and in […]
trading oil
Analysis for crude oil over the daily, weekly and monthly timeframes
At the start of another trading week I thought it would be good to check in on oil again which I’ve been writing about during […]
Oil prices remain bullish but now heading into a congestion phase on the monthly chart
The price of oil has continued to rise over the last few sessions as I suggested it would in my post of last week. At […]
All about levels for oil prices
Levels are now in play on the daily chart for WTI futures with two in particular helping to define and shape the technical picture as […]
Some great volume lessons in commodities – oil and gold futures
In the second session from the US markets, we find some great volume price analysis action for commodities as David focuses on the WTI oil […]
The oil bear trap has been sprung
With all the recent headline news for oil, many have missed the trap on the daily chart for the WTI contract for June which has […]
Volume price analysis signals solid reversal on WTI 4 minute chart
A classic example of price and volume in agreement over several candles rather than one, on the 4 minute chart for the WTI oil futures. […]
An important day for oil
Oil was no exception today and joined the sea of red in most markets, but for volume traders today was an interesting one when we […]
Futures trading in the US session and background to oil
As we start in the US futures session, Anna explains the background and forces now aligned as the price of oil collapses and triggers panic […]
Stopping volume on the daily oil chart
The WTI futures contract for oil and the April contract is delivering some interesting price action on the daily chart, and one on which VPA […]
Short term correction or longer term reversal for oil?
Short term correction or longer term reversal? This is the question many longer term oil traders are considering and whilst it is early days to […]
Oil continues its bullish momentum
Oil is the second of our commodities much in focus today, with Friday’s knee jerk reaction to the geopolitical events propelling it higher on the […]
Oil building a bullish platform
Another chart which is technically interesting is that for West Texas Oil on the weekly chart. This is another market I follow closely and in […]
Bullish drivers for oil working in concert
As always, the technical and fundamental picture for oil is both mixed and confused with a variety of factors playing out for the commodity over […]
Technical levels for oil once again in play!
In my post on oil of the 10th July, I highlighted the importance of the ceiling of resistance at $60.20 per barrel and whether this […]
Oil levels and fundamentals in play today, and watch the Canadian dollar
As always, Wednesday is an interesting day for oil traders and speculators with the weekly oil inventories release due later, and one which is forecasting […]
Oil continues with bullish momentum and more to come
In my previous post on oil, I suggested bullish momentum was returning for oil when the commodity was trading at $57.96 per barrel, but with […]
Oil develops bullish momentum……. thanks to the US dollar
Oil is yet another commodity that has benefited from weakness in the US dollar and which has certainly helped to reverse the strong bearish trend […]