VIDEO ANALYSIS: BRENT CRUDE OIL LONG TRADEIn this video update, we take a look at a swing trading opportunity on Brent Crude Oil.
The Weekly chart suggests we should be looking to buy the commodity with resistance
back up at the weekly highs of 76.00. The 4hr timeframe has re-tested highs and if price
forms a bullish breakout of the CTL we can look for long trades.
Crude Oil
VIDEO ANALYSIS: CRUDE OIL TO RISE NEXT WEEK?In this video update, we take a look at Brent Crude Oil as the weekly suggests we could see
further upside next week. If the current weekly candle closes back within last weeks
range we could see the market move back towards 75.00. We were expecting the price to
test the 38.2 Fibonacci retracements however this looks unlikely now with current
price action.
VIDEO ANALYSIS: USDNOK AT KEY SUPPLY ZONEIn this video update, we take a look at USDNOK as price sits at a key supply zone.
The USD Index highlights the potential weakness to come in the USD and with
Crude oil prices stabilising after the recent inventories we could see this market
trade within the range. Technically the daily candle is showing a false breakout.
The 4hr timeframe also shows price forming a bearish channel where we could
see a bearish breakout.
EW Video- EURUSD at support, USDJPY weak, More downisde on Oil Traders,
Welcome back to new video analysis here at tradingview.
I am looking at EURUSD, and USDJPY where we see some dollar bearish moves in the near future. At the same time, XXX/JPY pairs can fall even more if stocks will continue to weaken.
I will also touch crude oil that turned lower very aggressively last week, but there is room for another 10% drop, but after a pullback.
Have a good day,
Grega