We ponder what the single currency is up to and discuss what’s going to happen on the oil market in the near future.
Oil have moved up and down and the other way around, so we ponder over where the asset will finally end up.
We discuss where the single currency is about to head to, and take a look if Gold to finally going down.
We discuss the Bitcoin’s status and ponder where the European index STOXX50 might head to, as well as we take a look at the WTI Oil.
We discuss interesting signals that are coming from two major instruments as well as Oil.
The AUD/USD is moving rapidly, so let´s take a look at the best trading options with this currency as well as Gold.
The American index broke the historical maximum and moved back under it.
It seems that WTI has a strong week ahead, as there are finally positive reactions to the OPEC cuts. Take a look at how favorable the technical indicators are.
This range is like a compressed spring – the more one holds it, the stronger it shoots. The question is where to?
$55 a barrel crude remains “far away from the equilibrium price.” Rouble keeps “moving” above the broken descending weekly channel and prices, making the trades risky.
We have an interesting thing going on with WTI: the price touched the broken level of 52.50 and pulled back from it.
USD/JPY has formed a white candlestick, which goes well with Christmas time, while Oil broke the resistance formed by OPEC.
The oil exporting OPEC and non-OPEC countries had a meeting in Vienna on the 11th December.
The Italian constitutional referendum took place on Sunday. As the focus was on the constitutional changes then it seems that the Italian political structure will be radically altered.
The manufacturing countries will be proposed to reduce the production output by 600 thousand barrels per day. Of course, it can boost the Oil rates on Monday.