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  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data
  • US inflation eases in July
  • Brent price falls after recovery failed to clear important $90 barrier
  • Reserve Bank of Australia keeps rates unchanged but signals possible further policy tightening

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Technical Outlook

Oil price consolidates after two-day fall; fresh direction signals on break of $56.60 or $60.00

Slobodan Drvenica Sep 19, 2019
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Technical Outlook

Bulls look for extension of Monday’s strong rally and eye Fibo barrier at $63.69

Slobodan Drvenica Sep 17, 2019
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Technical Outlook

Geopolitical tensions boosted safe haven demand but all eyes are on Fed

Slobodan Drvenica Sep 16, 2019
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Technical Outlook

Oil price spiked to 4-mth high following gap-higher opening on escalation of geopolitical tensions

Slobodan Drvenica Sep 16, 2019
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Technical Outlook

Bears extend after Wed’s 3.3% fall completed reversal pattern

Slobodan Drvenica Sep 12, 2019
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Technical Outlook

Oil price eases as OPEC cuts forecasts for global oil demand growth, little help from upbeat…

Slobodan Drvenica Sep 11, 2019
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Technical Outlook

Pullback faces headwinds from pivotal $1490 support

Slobodan Drvenica Sep 10, 2019
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Technical Outlook

Oil price continues to advance on optimism of extended production cut

Slobodan Drvenica Sep 10, 2019
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Technical Outlook

Oil price is underpinned by fundamentals but lacks support from techs

Slobodan Drvenica Sep 9, 2019
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Technical Outlook

WTI oil bounces strongly on profit-taking; solid China’s data

Slobodan Drvenica Sep 4, 2019
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Latest Posts
  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July

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