We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
2020-05-25 13:00:00
Weekly Technical US Dollar Forecast: Coiling Continues - Watch These DXY Index Levels
2020-05-25 12:30:00
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI
2020-05-25 06:00:00
Crude Oil Weekly Outlook: Rally Runs Into Resistance as Risk-On Appetite Stalls
2020-05-24 00:00:00
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
How to Invest During a Recession: Investments & Strategy
2020-05-22 20:00:00
Dow Jones Rises to Resistance, US Dollar Dropping to Key Support
2020-05-21 11:55:00
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
2020-05-25 13:00:00
Weekly Technical US Dollar Forecast: Coiling Continues - Watch These DXY Index Levels
2020-05-25 12:30:00
GBP/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
2020-05-25 13:00:00
Weekly Technical US Dollar Forecast: Coiling Continues - Watch These DXY Index Levels
2020-05-25 12:30:00
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Weekly Technical US Dollar Forecast: Coiling Continues - Watch These DXY Index Levels
2020-05-25 12:30:00
Japanese Yen Outlook: USD/JPY, EUR/JPY, AUD/JPY Chart Setups
2020-05-24 12:15:00
More View more
Real Time News
  • The British Pound is under renewed selling pressure this morning after BoE deputy governor for banking and markets said that the central bank is keeping ‘our whole tool set under active review'. Get your $GBPUSD market update from @nickcawley1 here: https://t.co/fY4HewczpL https://t.co/AX1qMeq8ks
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.31% 🇨🇦CAD: 0.19% 🇦🇺AUD: 0.18% 🇨🇭CHF: 0.04% 🇪🇺EUR: -0.05% 🇯🇵JPY: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/qsrBgSzbb9
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Germany 30: 2.48% France 40: 1.56% FTSE 100: 1.37% US 500: 1.27% Wall Street: 1.15% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/U88jwizBUy
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.62% Gold: -0.43% Silver: -0.80% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/E0JIHB34kq
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.33%, while traders in US 500 are at opposite extremes with 75.98%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/KPZp80OFL7
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.74% Gold: -0.44% Silver: -0.95% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/fdvrgxmJD4
  • On May 8, Bitcoin surged to a two and a half month-high at $10,071. Get your #Bitcoin technical analysis from @malkudsi here: https://t.co/40pZEa2ARj https://t.co/6fweAKEiP5
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Germany 30: 2.47% France 40: 1.56% FTSE 100: 1.42% US 500: 1.19% Wall Street: 1.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/lusuGg69Py
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.33%, while traders in US 500 are at opposite extremes with 76.39%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/yX00FwBRaN
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.18% 🇨🇦CAD: 0.14% 🇦🇺AUD: 0.07% 🇳🇿NZD: -0.00% 🇨🇭CHF: -0.01% 🇯🇵JPY: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/4auhNzVWYV
Crude at Best Level Since Late May

Crude at Best Level Since Late May

2012-07-17 22:38:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

240 Minute Bars

eliottWaves_oil_body_crude.png, Crude at Best Level Since Late May

Prepared by Jamie Saettele, CMT

Crude is at its best level since 5/30 after exceeding the 7/5 high of 8896. Already $12 off of the low, there is little reason to expect the rally to stop at this level. Allow for weakness to correct 3 consecutive up days before continuation towards 9216 (5/29 high) and 9521 (100% extension and 5/9 low). Support is 8646-8759.

LEVELS: 8555 8646 8759 9090 9216 9328

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

Related Articles

WTI Crude Oil Reaches a Decision Point on Price Chart
WTI Crude Oil Reaches a Decision Point on Price Chart
2019-03-04 19:39:00
WTI Crude Oil Bounces and Natural Gas Chart May Pop From Triangle
WTI Crude Oil Bounces and Natural Gas Chart May Pop From Triangle
2018-12-04 18:58:00
Elliott Wave Analysis: Crude Oil & Natural Gas Longer Term
Elliott Wave Analysis: Crude Oil & Natural Gas Longer Term
2018-10-03 21:05:00
Long Term Crude Oil Price Pattern Nears Terminal Point
Long Term Crude Oil Price Pattern Nears Terminal Point
2018-05-11 21:06:00
Advertisement

Rates

Oil - Brent Crude
News & Analysis at your fingertips.