Let's take a closer look at the chart below and assess the likely crude oil price path ahead.
We wrote these words yesterday, and they ring true also today:
(…) The short-term situation hasn’t changed much. Crude oil futures keep...
Nadia Simmons
Nadia is a private investor and trader, dealing in currencies, commodities (mainly crude oil), and stocks. Using her background in technical analysis, she spends countless hours identifying market trends, major support and resistance zones, breakouts and failures. In her writing, she presents complex ideas with clarity that enables you to easily understand market changes, and profit on them. Nadia is the person behind Sunshine Profits' 3 premium trading services: Forex Trading Alerts, Oil Trading Alerts, and Oil Investment Updates.
Articles by Nadia Simmons
EUR/USD
Our yesterday’s commentary on this currency pair mentions the bears’ problems with breaking below the orange support zone. It also notes the potential implications of this situation.
What happened after our Forex Trading...
Our yesterday’s commentary on this currency pair mentions the bears’ problems with breaking below the orange support zone. It also notes the potential implications of this situation.
What happened after our Forex Trading...
Many times in the past, the relationship between gold and oil gave us valuable clues about crude oil future moves. Will the history repeat itself once again? What can we infer about the next gold move from the chart below?
Let’s examine...
Let’s examine...
The USD Index is setting itself up for a sizable move that we won’t watch disinterested. The charts have sent their message, upon which we have acted. Let’s assess the outlook for the days ahead as it stands right now.
Today, we will...
Today, we will...
Volatile trading is calming down, revealing several opportunities. The euro has retraced its yesterday’s downswing, the Japanese yen is strengthening – just as the Canadian dollar is. Swiss franc is another currency we’re keeping a close...
Yesterday’s session gave us a resolute follow-up to Tuesday’s reversal. Price sliding like there is no tomorrow, the bears keep pushing even lower today. Not a bit lower, but very much so lower. As black gold is trading at around $54.20 as...
The bulls certainly made a strong run yesterday but didn’t finish the day on a strong note in the least. That’s an understatement, actually. They’ve given up almost all of their gains, closing below the many important resistances they’ve...
The euro bulls have been unable to sustain most of Friday’s gains, let alone build on them yesterday. Does it mean the return of range-bound euro, or is there more downside on the immediate horizon? After Monday’s strong showing of USD/JPY...
It turned out that the oil bulls haven’t had much success yesterday either. And today isn’t shaping up to be a much better day for them either. Yet, they have taken black gold higher from its daily lows already – does this mark some kind...
So it happened – oil reversed lower and we were right there. While yesterday’s downswing has been partially retraced, and oil is trading close to unchanged today, there’re still plenty of valuable clues as to the upcoming price action. Let...
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