Written on 29 March 2012, 08.22 by
ENERGY
CRUDE OIL closed lower on Wednesday and the midrange close sets the stage for a steady opening on Thursday. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it renews this winter's rally, the 2011 high crossing is the next upside target. Closes below the reaction low crossing would confirm a downside breakout of a fiveweek old trading range.
NATURAL GAS closed lower on Wednesday as it extends...
Fundamental AnalysisWritten on 07 December 2011, 13.12 by Written on 02 December 2011, 11.39 by | Daily Technical AnalysisWritten on 29 March 2012, 08.22 by Written on 27 March 2012, 08.27 by |
AUD/USD Daily Out Look 8/12/2011
The AUDUSD was volatile but indecisive on Friday. Price attempted to push higher, topped at 1.0322 but whipsawed to the downside and closed at 1.0214 after the US NFP data. On my h4 chart below we can see price is moving sideways after the bullish momentum triggered by the double bottom formation suggests a consolidation phase but still with mor...
The AUDUSD was volatile but indecisive on Friday. Price attempted to push higher, topped at 1.0322 but whipsawed to the downside and closed at 1.0214 after the US NFP data. On my h4 chart below we can see price is moving sideways after the bullish momentum triggered by the double bottom formation suggests a consolidation phase but still with mor...
SILVER Daily Out Look 8/12/2011
SPOT SILVER posted a quiet inside day with a lower close on Wednesday as it extended the trading range of the past twoweeks. The midrange close set the stage for a steady opening on Thursday. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. Closes above last Friday's high crossin...
SPOT SILVER posted a quiet inside day with a lower close on Wednesday as it extended the trading range of the past twoweeks. The midrange close set the stage for a steady opening on Thursday. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. Closes above last Friday's high crossin...


