Tag Archives: Oil

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets There was chaos in the currency markets, and we are talking now about the pound sterling at …

Brent crude fell below $85 a barrel Monday, September 26th, as recession fears weighed on the US dollar. Brent crude futures fell to around $84.53 early in the day, before recovering to trade around $85.25, and West Texas Intermediate crude futures also retreated from their lowest levels to trade around …

Capital controls and currency intervention will be among tools emerging Asians can use if rapid US interest rate hikes and the surging dollar force the risk of falling in a debt crisis. So, it is appropriate and helpful to compose the comprehensive picture of financial assets’ performance, last week from …

After FOMC had turned more hawkish on Wednesday, several waves began to sweep across financial markets on Thursday and also on Friday. Some major central banks are not able to cope with the Fed, this is why the US dollar is soaring and continues to strengthen with the Dollar Index …

On Friday, crude oil prices fell to a nine-month low as recession fears are sweeping across global risk assets and the US dollar continued this year’s advancement to reach a fresh two-decade high against rival currencies. At the time of writing, Brent trades at $84.72 per barrel while WTI trades …

Negative trading has regained control over the price movements of US crude oil futures after it failed to stabilize for a long time above the 85.00 barriers, recording its lowest level at 82.45. Technically, by looking at the chart, we find the simple moving averages continuing the negative pressure on …

As we expected, US crude oil futures prices achieved a strong decline yesterday within the bearish directional movement, touching the first official target of the previous report at 82.65, recording the lowest price at 82.44. Technically, the regularity of movement within the descending price channel supports the continuation of the …

US crude oil prices failed to achieve the required bullish target during yesterday’s trading session, in which we relied on daily stability above 83.80, touching the stop losses order there, and to remind us that the return of trading stability below 83.80 will immediately stop the attempts to rise. We …

US crude oil futures prices succeeded in achieving the bearish target that is required to be touched during the previous analysis at 83.20, surpassing the required target, recording 81.75 during the middle of trading, before the bullish rebound that led the price towards 85.75. Technically, looking at the chart, the …

Negative trading dominated the US crude oil futures prices within the expected bearish path at the end of last week’s trading. It was heading towards the official target of 84.40, recording its lowest level of $84.30 per barrel. Technically, by looking at the 4-hour chart, we notice that Stochastic is …