Crude Oil Price Forecast: Extended with Levels to Watch
WTI is trading above a major long-term threshold, but is a bit overbought with some levels to watch from years prior.
Source: dailyfx.com
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Crude Oil Forecast: Rally Stumbles on API Inventory Build, OPEC Report
Crude oil's rally stumbled after a large US inventory build and a downbeat demand outlook update from OPEC. EIA inventory data is in focus for energy traders.
Source: dailyfx.com
Oil Price Outlook: Oil Rips 32% in Eight Weeks- WTI Breakout Levels
Oil prices surged 32% off the August low with a six-day rally within a eight week advance now testing seven year highs. Levels that matter on the WTI technical charts.
Source: dailyfx.com
Crude Oil, Coal Forecast: Prices Supported by Tightening Supply Outlook
Crude oil and coal prices hit fresh levels overnight as supply issues threaten to worsen an already fragile energy situation. Asia is particularly susceptible after regional flooding shuttered coal...
Source: dailyfx.com
Oil Price Technical Forecast: Oil Seven Week Rally at Seven Year High
Oil prices surged more than 5% to seven year highs with the breakout marking a seventh-weekly rally in crude. The levels that matter on the WTI weekly technical chart.
Source: dailyfx.com