Technical Analysis

The price of WTI crude futures are settling at $75.19. That is up $1.78 or 2.42%. The high price reached $75.46. The low-price extended to $72.56. Domestically in the US, North Dakota oil output is estimated to decrease by 250,000 – 300,000 barrels per day due to cold weather conditions. The high-price today traded above
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Crude oil futures falls from highs but find support at MAs Crude oil futures are settling at $72.68. That represents a gain of $0.66 or 0.92%. The high-priced extended to $75.25. The low price reached $72.36. The sharp rise to the upside was spurred on by the US and UK bombing of Houthi rebel in
The US PPI data today came in weaker than expectations. That data neutralize the stronger-than-expected CPI data from yesterday. That inflation storyline is congruent with the price action in currencies. There is little upside. There is little downside. The details on the economy are mixed. The trading price action is mixed as well. It’s Friday.
The market’s reaction to the tame US United for December shows: USD lower Stocks higher Yields lower. IN the forex: The USDJPY is back down toward its 100-day moving average of 144.87. Earlier today, the price, the price moved back down toward that 100-day moving average only to find buyers. This is the third look