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Oil Trading Alert: Crude Oil – Verification of Breakdown or Reversal?
February 15, 2016, 8:29 AMOn Friday, crude oil reversed and rebounded, which resulted in a comeback to the previously-broken important support/resistance line. As a result, light crude closed the day slightly above $29. Will we see further improvement in the coming days?
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Oil Trading Alert: Crude Oil at Fresh Lows
February 12, 2016, 9:26 AMOn Thursday, crude oil extended losses and hit a fresh 2016 low as bearish monthly supply report from OPEC weighed negatively on the price. Thanks to these circumstances, light crude slipped to the support line based on the previous lows. Will it withstand the selling pressure in the coming days?
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Oil Trading Alert: Crude Oil's Slide Continues
February 11, 2016, 3:12 AMThe price of crude oil keeps on declining - will another major reversal be seen shortly?
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Oil Trading Alert: Crude Oil – Double Bottom or Fresh Lows?
February 10, 2016, 9:33 AMOn Tuesday, crude oil lost 7.24% after a bearish IEA report. As a result, the commodity not only closed the day under the barrier of $30, but also approached the previous lows. Will we see a double bottom or further declines in the coming days?
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