Tags » Brent Crude

Crude and commodities weaken

Crude oil prices are falling. Nymex Light Crude broke support at $98/barrel, signaling a test of primary support at $92/barrel, while Brent Crude is testing primary support at $104. 70 more words

Brent Crude

Strong Dollar weakens gold

  • Treasury yields decline
  • Dollar strengthens
  • Crude oil weakens
  • Gold hesitates

Interest Rates and the Dollar

The yield on ten-year Treasury Notes is testing support at 2.40 percent. 168 more words

Spot Gold

Falling crude prices are good news

Crude oil prices are falling sharply. Nymex Light Crude broke support at $98/barrel and Brent Crude is testing support at $104. Breach of that support level would confirm a primary down-trend. 78 more words

US & Canada

What caused the Dow sell-off?

Dow Jones Industrial Average fell 1.88% to close at 16563, breach of 16750 warning of a secondary correction. Decline of 21-day Twiggs Money Flow below zero would strengthen the signal. 190 more words

US & Canada

Commodities weaken on soft demand

Crude oil prices fell sharply in July, especially Brent Crude which is testing support at $104/$106 per barrel. Breach of that support level, or $98/$100 for Nymex Light Crude, would signal a primary down-trend. 69 more words

China & HK

Gold retreats as Dollar strengthens

  • Treasury yields weaken further
  • The Dollar continues to strengthen
  • Inflation target remains at 2% p.a.
  • Gold retreats

Interest Rates and the Dollar

The yield on ten-year Treasury Notes broke support at 2.50 percent, indicating a test of 2.00 percent*. 309 more words

Spot Gold

Speculators trim bullish bets on brent

 By Graeme Ballard, eSignal and Advanced GET Trading Specialist

Speculators cut their bullish bets on brent during the week ending July 15, after the price of the raw material plunged to a three-month low. 289 more words

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