Oil prices fell sharply on Monday afternoon in one of the worst trading days for the commodity since the day in May 2020 when WTI slipped into negative territory. The volatile price action was largely the result of oil demand fears. The U.K. announced that it may continue to ban foreign travel beyond the May 17 date if coronavirus infections continue to ramp up...
the market has been recovering for a while so it should not be a huge surprise that Monday was more of the same. Furthermore, the jobs number on Friday was excellent, and the market is just now having the opportunity to react as far as Wall Street is concerned. Because of this, it is very likely that we will see a continued upward pressure, if we do break above...
hello traders here is possible buy set up for ETHUSD! March was another excellent month for Ethereum miners, as their monthly revenue hit a new all-time high of $1.38 billion. The price of Ethereum has continued to surge in April, despite bitcoin (BTC) failure to overcome the $60k barrier. Ethereum Miners Continue to See Green The world’s largest smart contract...
hello trader her is sell set up for USOIL oil price has trumped todays open session this comes after new lockdowns and travel strict for parts of the globe oil pieces might fall father look for selling opportunities as along as $61.64 is your resistancelevel
hello traders here is an update of USOIL! price got rejected from our entry level and now finally were headed to $62 price tag despite the news from OPEC+ zoom meeting call earlier today
hello traders here is buy set up for GBP USD the 45m chart trending above at 1.376 a very important price for buyers A move above 1.376 will open the way to the test of the resistance at 1.3800. In case GBP/USD manages to settle above 1.3800, it will head towards the (take profit) resistance .1.3847
hello traders here is update for our previous analysis! how will chine and Iran's new deal could effect oil markets? china’s crude oil imports from Iran this month could reach close to 1 million bpd, Reuters reported today, citing trading and analyst sources. That would be almost half the amount Saudi Arabia exports to China. An earlier report by Reuters from...
hello trader here is buy set up for USOIL! after yesterdays gain price got rejected for resistance level $63.30 and broke the trendline support line now its founding a support levels at$60.15 if this trendline support holds look fir buying apporturnties
hello traders here is why you should sell USOIL! A slump in Europe’s travel industry could have a knock-on effect for oil and gas as lockdowns spread across Europe once again. European airline shares plunged this week as Germany, France and Italy all announced new lockdown measures to be introduced over and beyond the Easter period. Vacation travel is also...
hello traders here is buy set up for USOIL A sustained move to the upside could lead to a test of a series of retracement levels at $62, $63. Since the main trend is down, sellers could return on a test of any of these levels. They are going to try to form another secondary lower top. It’s hard to get excited about the upside until buyers can take out $63 look...
hello traders here's sell set up for USOIL! as we know the price is recovering The recent aggressive sell off, Prices began to bounce back on Friday morning and it might counite to upside price now is trending above the 50MA and its support level $60.50 look for buying opportunities as long as the price is tending above the trendline and the support line
The Saudi Arabian Oil Company (“Aramco”) today announced its full-year 2020 results, demonstrating exceptional resilience despite the macroeconomic impact of COVID-19 and delivering on its intended dividend payments to shareholders. :Net income: $49 billion :Cash flow from operating activities: $76 billion :Free cash flow*: $49 billion :Full-year dividend of...
hello traders here is buy set up for ETH USD! as you can see on the hourly chart weve been trading all this week between $1730 -- 1935 the $1730 support line seems strong one and its were bulls entered the market look for buying opportunities as long as $1735 remains support
Yello traders here is possible sell signal for GBP USD! at the time writing price is testing the 1.3903 level which is very important level If GBP/USD manages to settle below the at 1.3903, it will head towards the next support at the at 1.3846. A move below that level will open the way to the test of the support at 1.3806 look for selling if the price breaks that level
hello traders here is possible buy set up for USOIL! Sellers were mostly motivated as a new wave of COVID-19 infections washed across Europe, spurring new lockdowns and dampening hopes for a recovery in demand for fuels anytime soon. after yesterdays sell off oil markets is making some recovery so far were up +0.75% look fir buying opportunties above the $61.34
hello traders here an update of my previous analysis on the weekly chart! Oil prices began crashing on Thursday afternoon, falling nearly 9%. WTI slid 8.68% to $58.99 per barrel by 4:04pm ET, while Brent had slipped 8.01% to $62.55 per barrel. It is the biggest drop in absolute terms since April 2020, when oil slipped into negative territory.Analysts have been...
hello traders here is an update of yesterdays analysis! Oil prices fell for the third day in a row on as the third wave of coronavirus infections in Europe and slowing vaccine rollouts in the EU added to a stronger U.S. dollar to weigh on the market. and price finally broke our support level $64.50 on the 45TF we have great selling apportuntiety