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Something Bullish, Something Bearish
January 29, 2018, 10:20 AMAfter Thursday's defeat, oil bulls pulled themselves together and attacked on the following day. Shortly after the opening of the Friday session, they took control, which resulted in a comeback above the level of $66. But not everything was as bullish as it might seem at first glance.
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Moment of Weakness or the First Warning Signal?
January 26, 2018, 8:42 AMAlthough black gold extended gains and hit a fresh high on Thursday, oil bears came back and triggered a pullback in the following hours, which erased entire earlier increase. Is it possible that oil bulls lost their strength and higher prices of light crude are not ahead of us?
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We Have Winner, But How Long Will Bulls Stay in the Lead?
January 25, 2018, 9:31 AMOn Wednesday, crude oil extended gains and hit a fresh 2018 peak, but is the road to the level of $70 really open?
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Double Top or Further Rally in Crude Oil?
January 24, 2018, 8:43 AMOn Tuesday, oil bulls took control after the market’s open, which resulted in a climb to an intraday high of $64.88. Will we see a double top formation or rather further rally after today’s EIA weekly report on inventories?
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What Are Oil Bulls and Bears Waiting For?
January 23, 2018, 9:00 AMOn Monday, crude oil wavered in a narrow range, which resulted in another doji candle. What does it mean for black gold?
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