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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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OPEC

Technical Outlook

Oil price regained traction but needs more signals for further recovery

Slobodan Drvenica Apr 6, 2020
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Uncategorized

WTI oil extends recovery on optimism of OPEC+ agreement for significant production cut

Slobodan Drvenica Apr 3, 2020
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Technical Outlook

Bears pressure key $50 level but final break might be delayed for consolidation

Slobodan Drvenica Feb 3, 2020
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Technical Outlook

Oil price rises on expectations of OPEC’s deeper production cut

Slobodan Drvenica Dec 5, 2019
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Technical Outlook

WTI price is inflated by market optimism but remains congested between 200DMA and daily cloud top

Slobodan Drvenica Nov 15, 2019
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Technical Outlook

Oil price on track for strong bullish weekly close following rally on unexpected fall in US crude…

Slobodan Drvenica Oct 25, 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 collapses on rising fears of trade war impact and increased output

Slobodan Drvenica Sep 3, 2019
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Technical Outlook

Oil price extend advance through strong 100/200SMA barriers

Slobodan Drvenica Jun 26, 2019
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Technical Outlook

Bearish bias below 10SMA

Slobodan Drvenica Jun 18, 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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