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Oil(wti)

ORBEX: Gold & Oil Traders Patiently Waiting for FOMC & EIA!In today’s #marketinsightsvideo recording, I talk about markets’ rate cut expectations and how this month’s #FOMC is likely to affect the prices of #gold. I also look into #crude #oil as well, as it seems to be affected by #API more than it does from geopolitics, including the latest hopes on trade wars. With #EIA coming up it makes a good commodity to add on your watchlist. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
FX_IDC:XAUUSD
by Orbex
WTI Crude Oil (It is in the downtrend)View On WTI Oil (2 Oct 2019) Oil is still in the downward spiral. It can retest the recent low of $52.6 or even lower. If you want to buy, at least you should wait for a decent bull candle to show up first. Please do not rush in. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:WTICOUSD
by SonicDeejay
cl, oil, trading for Oct 18thNow we had a very interesting move in the last 24 hours and give us more to play with. Today the red zone is now very small and will give a more clear trade opportunity so will watch close. That said being Friday the move after this pop can be consolidating. I can see a pull back all the way to 53.75 before the up move takes off again and below that area will not lean long but think more like expanded range. And any move above 55 is to be looked upon as nice and bullish, but will wait for retests to get long.
FX:USOIL
by alleytrader
WTI Crude Oil: Buy opportunity within a Channel Up.Oil has been trading within a 4H Channel Up (RSI = 46.297, ADX = 36.695) since the October 3rd 51.00 bottom and is currently on its Higher Low zone. This makes it an optimal buy opportunity for the short term. The Highs within the Channel appear to be filling the Lower Lows of the downtrend sequence that led to the 51.00 bottom. Based on this the next Target (Higher High) should be near 55.50 where it will also make contact with the 4H MA200 (orange line). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TVC:USOILLong
by InvestingScope