Oil bulls are facing ongoing issues in taking the black gold price higher. Actually, it's already the third day of it being so. The Iran tensions remain very much on and the G20 meeting is just starting. Will any of these turn out to be a catalyst of the upcoming move? And by the way, which direction is more likely given the chart situation right now?

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The series of higher oil prices appears to be over as today, we might see the bulls' power tested. Where can the bears aim realistically and what is most likely to happen next? These are certainly valid questions as the oil price has reached an important resistance and appears hesitating today. Will some geopolitical news come to the rescue? High time to dive in...

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Oil bulls are pushing higher. Yet the clouds on the horizon start appearing. Will they have enough power to overcome the resistance they have just reached? If so, where next are they to encounter a stumbling block? Let's dive in right to the balance of forces...

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Oil keep going higher. Hesitantly, bit by bit, but still. While the charts show some early signs of deterioration, the question is when exactly is it likely to manifest itself in the open. Can it happen despite the Iran situation remaining tense? Let's dive into today's Alert to find out...

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We've seen some pretty sharp oil moves in the latter half of last week. While they took oil above several resistance levels, the upswing appear to be facing resistance today. Therefore, the question regarding the move's sustainability springs to mind - and we deal with that in today's Alert. Logically, an important conclusion follows, and a new trading position appears not to be far behind. Get ready!

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