Crude
Oil slide
icon
8 NOV clock 13:15

Mid-Week Technical Outlook: Oil closes below 200-day SMA

Oil struggled on Wednesday after sliding more than 4% in the previous session to levels not seen since July.
Oil prices under pressure
icon
31 OCT clock 11:54

Crude oil bears dominate the scene

Oil prices remain dominated by bears on the daily timeframe as the global commodity creates a lower top followed by a lower bottom.
Gold, Yen, Chinese Stocks ease; markets digest China and UK data; BoJ still in focus
icon
25 OCT clock 12:54

Mid-Week Technical Outlook: Commodities & Indices

Given the ongoing geopolitical risks and slew of corporate earnings this week, our focus falls on commodities & indices.
Oil and gold
icon
20 SEP clock 13:31

Mid-Week Technical Outlook: precious metals & commodities

Global equities were mixed on Wednesday as investors braced for the outcome of the Federal Reserve rate decision. Our focus falls on precious metals and commodities with the tool of choice technical analysis.
Crude oil
icon
17 AUG clock 12:10

Crude hovers above critical support

Crude oil prices broke through the $83 resistance level which held for 184 trading days to close at $84.25 on 9th August 2023, and since then have declined back towards the $79 support level at the time of writing.