Tags » Technical Analysis

31/10/2014

WTI fell just as predicted down towards the bottom limit of the triangle formation, driven during the morning by weaker than expected US consumer spending data, which declined by 0.2%. 135 more words

WTI Crude Oil

USDCAD: Inside day over the 50 day moving average

The USD held steady against its Canadian counterpart yesterday, as market sentiment improved after the release of positive US third quarter growth data, while the Federal Reserve’s latest policy statement continued to lend support to the greenback. 127 more words

Technical Analysis

UsaRus: Lost momentum after FOMC

The central bank’s policy committee (FOMC) concluded a two-day session yesterday, where it announced the end of the third round of quantitative easing as planned and that rates are to stay low for considerable time. 144 more words

Technical Analysis

Mid day data, 30/10/2014 - HSI reactions to the Fed and interbank data

The Federal Reserve came out and said that they should stop stimulus in the form of QE, which lightly shook markets up. It now takes 1 more yen to buy a dollar, and most currencies seemed to have a 0.6-1% swing weaker against the dollar, but little is seen so far in the equity markets. 799 more words

Technical Analysis

29/10/2014

Over the past couple of weeks the WTI crude has experience a steep decline based on strong global oil supply completely overwhelming the demand. There have been several factors adding to the bearish sentiment including Libyan oil re-entering the market, and Iraq continuing supplying Brent despite ISIS. 463 more words

WTI Crude Oil

Technical Analysis - Chart Formations

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As a McGill Student I’m surprised at the level of financial ignorance in people my own age. 545 more words

Ian Sheriff