It was also a bad week for oil. And that’s no coincidence - both oil and stocks work in the ‘good times’ and tend not to work in the ‘bad times’. OK, times are not "that bad" but it's seasonally the worst time of the year (September and October are on average the worst months for stocks over the last 100 years), and there’s the US election coming up to cause...
Based on the previous 15-minute analysis and the current 1-hour chart, WTI Crude Oil is showing strong support around the $83.00 zone. This area has acted as a significant support level, and the price has bounced off it, indicating a potential buy opportunity. On the 15-minute chart, the price had a brief consolidation phase within the support zone before showing...
US CRUDE OIL New forecast The price of oil is finding it difficult to continue rising, showing some bearish tendency and approaching the $76.00 barrier. We believe that opportunities are available to resume the expected upward trend in the immediate term, whose next target is at 77.00, 78.00. Therefore the upward scenario will be more likely during coming...
US OIL New forecast The price perfectly fulfills my last idea and price reached to our target +170 pip . The price of oil failed to penetrate the level of 85.71 after the strong rise that occurred last Friday due to the war, and it rebounded from it to return to the selling pump again, which maintains its cohesion in the face of negative pressures so far by...
2023.9.26 USD hit a new high Hello, I'm Older Duan. Today is Tuesday, September 26th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has reached a new high for the...
2023.9.25 Gold is attracted by key positions Hello, I'm Older Duan. Today is Monday, September 25th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index broke through the...
2023.9.22 the pound fell sharply reaching 1.618 Hello, I'm Older Duan. Today is Friday, September 22nd 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index broke through...
2023.9.21 USD test for strong pressure Hello, I'm Older Duan. Today is Thursday, September 21st 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has already tested the...
2023.9.20 peak of US crude oil is completed! Hello, I'm Older Duan. Today is Wednesday, September 20th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has maintained...
2023.9.19 GBPUSD remain relatively low Hello, I'm Older Duan. Today is Tuesday, September 19th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has maintained a...
2023.9.18 UScrud bulls are reveling Hello, I'm Older Duan. Today is Monday, September 18th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index maintained a sideways trend...
2023.9.15 USD and US crude oil rallied and retreated Hello, I'm Older Duan. Today is Friday, September 15th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index rose...
2023.9.14 precious metals were weaker than non US currencies Hello, I'm Older Duan. Today is Thursday, September 14th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index...
2023.9.13 Euro is leading the way up Hello, I'm Older Duan. Today is Wednesday, September 13th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has returned to below...
2023.9.12 USD has returned to the dense range of MA Hello, I'm Older Duan. Today is Tuesday, September 12th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index returned...
2023.9.11 the pound led the rise Hello, I'm Older Duan. Today is Monday, September 11th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index fell down today and has...
2023.9.8 USD and US crude oil have slightly declined Hello, I'm Older Duan. Today is Friday, September 8th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has been...
2023.9.5 USD has hit a new high in recent times Hello, I'm Older Duan. Today is Tuesday, September 5th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index, after stepping...