19 years in trading
Crude oil lost 44.3 percent from high $76.41 to low $42.53 on three months fall from October 03. until December 24. It was the biggest losing streak in the past several years due the oversupply, Saudi record output and fear from the global economic slowdown. As the oil price opened 2018 at $60.17 per barrel and spent most of the
Read moreI don’t analyse WTI crude oil often, but at December 10.2014. I have made an analysis and my view for the price in 2015. Quess what, it happend exactly as I predicted. After the WTI crude oil price fall bellow 60 usd, there was no chance for same to recover above, and that level has become strong resistance in 2015.
Read moreIf we remember 2008. and WTI free fall from 147 to 35 usd from July until December, everything is possible here. Last technical strong support ‘station’ at 58/60 is waiting and after that level, there is no stronger support before 33/35. Usualy I don’t analyse WTI, but watching at this fall it’s start to be interesting. There is a lot
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