Category Archives: Technical analysis and trading

Bitcoin is shining again with $18,500 high for now. Double top or?

Long time I didn’t wrote anything about the most famuos digital currency Bitcoin. My last and also my second article about Bitcoin was in December 08.2017. “Bitcoin Mania” in which I sow a possible bubble and serious crash, which unfortunately happend. Bitcoin crashed from aprox $20,000 quickly to $6,000 in February 2018 at first and latter to low at $3,200

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US Crude Oil Inventories shows mostly positive data for the price since July, but the price is still moving in between $35 and $43 per barrel

While the Crude Oil Inventories is mostly positive for the price since July, market players don’t see any reason for move the price above $43, or they simply can’t do it? That’s how the price is stuck in between $35 and $43 from months, as I wrote recently here. Lower point and strong support is placed at $34,50-$36,00, while the

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US Crude Oil Inventories in May shows big changes from week to week. The Crude oil price is still bullish

I didn’t posted week by week data because there was big changes in US crude oil stocks during May, from positive for the price with -4.983 on May 20 . to negative for the price a week later with 7.928 million barrels. No matter the down/up changes, the price remain bullish in May with high at $40.00 per barell, today

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A total mess on Oil market with CFD’s, Futures, rollover’s and some more…

If you are an amateur retail trader you’ve probably don’t know what in the hell is  happening with Oil prices recently (I am not talking about the fall) and that’s not strange. We experienced traders are also confused, searching for the proper explanations. To be honest, I found a couple of good ones, but I can honestly say that I

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Crude oil inventories build 19.2 million. The price still flirting with $20

crude oil inventory build reached 19.248 million vs 12.7 million estimate. It was the largest weekly build on record. The private API data showed a build of 13.143M barrels gasoline inventories showed a build of 4.914M distillates showed a build of 6.28M Cushing OK crude oil build 5.724M vs 6.417M last week Gasoline demand remains depressed at 5836.4 (vs 5834.0) Crude oil demand 15.320M vs

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The biggest Oil cut in history is made, but the price isn’t reacted positive for now. Here’s my view of the possible move if $20 holds. CANCELED and updated on APril 15.

OPEC+ made a historic agreement and finalized plans on Sunday to steeply cut oil production by a combined 9.7 million barrels per day.  Also, the U.S. additional cuts are expected from producers outside the OPEC+ group, which means how they expected total global oil cuts to amount to more than 20 million bpd, or 20 percent of global supply, effective

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