Tags » Brent Crude

Crude dives below $58

Nymex Light Crude closed below support at $58 per barrel, signaling retracement to test medium-term support at $53. Respect of $53 would suggest an advance to $68/barrel, while failure would warn of a test of primary support at $44. 14 more words

Brent Crude

Buying Brent Crude/USD 6-24-2015

Hey Traders!!

It has been an eventful day on XBRUSD,,,actually, an eventful week. There have been a lot of 45-Min swing setups. I was able to take advantage of a few of them. 33 more words

FX Posts

Selling Brent Crude/USD 6-24-2015

Hey Traders!!

Here we have an XBRUSD 45-minute chart. After initiating a resistance zone, we’ve just retested and confirmed the it as being valid. I am now short this pair and waiting to see what happens next. 71 more words

FX Posts

Crude Prices Fall on Greece, Iran Nuclear Talks



Crude oil fell about 2 percent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market. 390 more words

June 19, 2015

Stocks fell in early trading (Dow -29 pts; SPX -.12%) after three days of gains. Energy, financials and tech are leading the way lower. Europe, on the other hand, is poised to close modestly higher. 274 more words

Crude: Where next?

Nymex Light Crude plotted against CPI gives an historical perspective on current crude prices: high prior to China’s entry into the global energy market, but low relative to prices since then. 139 more words

Brent Crude

UK Oil

Brent could move higher from the 6,300 level