oil

Daily Market Report 16/12/2011

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European Shares European shares opened slightly higher following an Asian session of modest gains as investors were calmed by better than expected economic data from the other side of the Atlantic. The credit rating agency Fitch…

Technical Analysis of Oil

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It seems that the oil price has lately been following the same fluctuating trend of newspaper headlines; one week there appeared to be a little light at the end of the economic tunnel and the price…

Technical Analysis of Oil

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Various fundamental factors, including the worldwide economic downturn and predictions of worse to come will certainly exercise a downward pull on the price of Brent during the next few weeks. On the other hand, in the…

Trading Commodities on News Releases

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Fundamental or Technical? In the world of trading, there are mainly two groups of traders: those who use technical analysis to guide their trading activities and those who believe fundamental analysis is the only reliable way….

Technical Analysis of Oil

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On the 8th of April this year oil briefly touched a maximum of 126.88 dollars per barrel. Although this was just before the start of the summer season in the Northern Hemisphere, at that stage indications…

Technical Analysis of Oil

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Fundamental Issues The initial reaction we saw in the price of oil after the unrest in some oil-producing countries of North Africa and the Middle East seems to have faded a bit now. The market hit…

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