Tag: Oil Report

Hi, traders! Today, we're watching oil after a USD surge. Oil resisted sellers and might be continuing higher. A close above yesterday's high could test resistance at $87.37.

Welcome, traders, to today's insightful update. Our attention is directed towards the daily chart of Oil, where we meticulously dissect recent price actions and pivotal levels.

Welcome to 2024. To start the year, we have seen a bit of volatility in the first trading week of the year.

Today's Forex video asks if CHFJPY will continue to move lower on the daily chart after breaking out of an ending diagonal pattern.

In today's video, we look at USOUSD on the 4-hour chart, asking if it will maintain support and kick-start a new continuation.

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.

Today, we review USDCAD on the daily chart and discuss Oil and the USD index, as well as upcoming news that could influence the current market picture.

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