The Market Word - Crude OilUS Crude Oil and the distillate demand is up as of September due to the increase in growth from the manufacturing sector! Energy consumption was up 2.5 % to 19.929 barrels a...
US Crude Oil futures retreated with equities in relatively quiet trading. The move lower appears to confirm the technical breakout from a Rising Wedge chart pattern detected by Autochartist, shown ...
EUR/USD: The French President, Sarkozy flew to Germany yesterday to meet with the German Chancellor, Merkel yesterday. The two European leaders met to discuss the euro zone debt crisis; however, after...
How to trade oil is not an easy thing to do in today’s headline driven market. Even the best oil analysis which may have been correct will still be wrong at times. This is due to the fact that...
British Inflation Suggests Stronger PoundWith yesterday's inflationary data out of Britain, it seems the pessimism in Europe isn't trickling across the English Channel, at least for now. Holiday ...
EUR/USD: Disappointing German ZEW Sentiment data released yesterday set the euro off on a 135 pip loss. It opened at 1.3734, initially rose to 1.3787 before dropping down to 1.3652. Following the ...
The market continues to toast the EFSF insurance plan, but the next key risks for confidence in the EU looms in Greece tomorrow. Meanwhile, another upside surprise in US housing data – how...
EUR/USD: The euro opened at 1.3790 yesterday morning, and started the Asian session by trading sideways. It eventually rose up and found resistance at 1.3815 driven by investors’ confidence from...
NOV MINI CRUDE OIL: It is pushing into previous resistance. Just like the rally seen in early July, it has succeeded in getting over the 20 day ma. It did the same thing during the ...
EUR/USD: The EUR/USD traded sideways for the Asian session after it opened at 1.3641. It initially found resistance at 1.3671 before it dropped 95 pips after Slovakia did not agree to vote on ...