Crude oil was rejected at its resistance yesterday, and follow-through selling came in the footsteps. With the ongoing OPEC meeting and inventories report, will the bulls get an ally in their renewed push higher?

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Taking more than its fair share of time, crude oil did in the end respond to the USD weakness with an upswing. And as yesterday's USDX downswing has left a mark on the greenback's short-term outlook, the oil bulls are striving to add to their gains also today. What are their prospects?

Meanwhile, the USD Index breached two important supports yesterday: the declining support line and mid-September low. And that is influencing the short-term outlook - so, what are the scenarios for the upcoming moves exactly?

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Crude oil seesaw trading goes on, as yesterday’s upswing gave way to a lower open earlier today. Given the declining USD, couldn’t black gold have acted just a little bit stronger? Let’s take a look what it means for our open position – time to head for the exits, or brace ourselves for a more opportune exit point being hit?

Meanwhile, the USD Index went down yesterday again, this time stopping at two important supports: the declining support line and mid-September low. The news of Brexit deal being reached is testing them more than thoroughly. Will they be strong enough to prevent further declines before the USD’s long-term uptrend resumes?

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