الوسم: USOUSD

Today, we direct our attention to the USOUSD on the daily chart, as we continue to watch the price after it broke the last trendline.

Today, we are looking at Oil on the daily chart. Since the price started this week with a sharp gap higher, we are continuing to watch these new levels and whether they will become set in the medium or long term.

Supply cut news lifted oil on Thursday but is it enough to push trough resistance?

After Friday’s strong move lower, could we see further selling before oil stabilises after last week’s firm rally back to the $80 Handel?

Today, our focus is on oil, following a rapid decline yesterday that halted a three-day period of gains. Will this downturn initiate a significant shift, breaking free from the current ascending triangle pattern?

After yesterday's fade, oil sellers remain in control today. Today's video looks at the price action over the last several days, focusing on yesterday's and today's selling.