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
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
EUR/USD, USD/MXN & USD/CAD Near-term Technical Trade Setups
2020-05-27 18:50:00
EUR/USD Price Rejected at Resistance, Now Eyes the Support - EUR vs USD Outlook
2020-05-27 09:31:00
Oil - US Crude
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
Crude Oil Prices Struggle Despite Market Cheer, Gold Aims Lower
2020-05-27 02:00:00
Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI
2020-05-25 06:00:00
Wall Street
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
Dow Rallies as Nasdaq 100 Drops - Swapping Trends or Topping Out?
2020-05-27 18:42:00
S&P 500, Dow Jones Rally Pressing into Zone of Resistance
2020-05-27 12:30:00
Gold
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
Gold Price Technical Outlook: XAU/USD Correction Approaching Support
2020-05-27 15:30:00
Gold Price Forecast: May Low on the Radar Amid Negative RSI Slope
2020-05-27 05:00:00
GBP/USD
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
British Pound (GBP) Latest: GBP/USD Price Breakout Imminent
2020-05-27 08:00:00
US Dollar Shorts Slashed, GBP/USD & EUR/USD Shorts Pick-Up - COT Report
2020-05-26 10:20:00
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
EU to Unveil Covid-19 Recovery Fund Plan, Swiss Franc Sinking
2020-05-27 06:30:00
Yen Sank Despite US-China Hong Kong Tensions, USD/JPY May Fall
2020-05-26 23:00:00
More View more
Real Time News
  • Update on #Cryptocurrencies #BITCOIN +3.19% #BITCOINCASH +1.80% #ETHEREUM +2.25% #RIPPLE +1.07% #LITECOIN +2.33%
  • $EURUSD Daily Pivot Points: S3: 1.0802 S2: 1.0883 S1: 1.0933 R1: 1.1014 R2: 1.1046 R3: 1.1127 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • So far this week, those fortunes have flipped as the Nasdaq is working on its second consecutive down-day while the Dow has, so far, rallied through both sessions. Get your #equities technical analysis from @JStanleyFX here:https://t.co/uafQxTayEY https://t.co/7iGh15koeL
  • That was an impressive recovery from the #SP500 during the #WallStreet session. What's interesting to see is the pro-risk #AUD and #NZD being unable to capitalize nearly as much versus stocks. Could momentum be fading? #USD $AUDUSD $NZDUSD https://t.co/YBg6wzgG2i
  • The U.S. House passes the Uyghur Human Rights Policy Act $FXI $USDCNH
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.25% 🇨🇦CAD: 0.20% 🇯🇵JPY: -0.16% 🇨🇭CHF: -0.27% 🇦🇺AUD: -0.43% 🇬🇧GBP: -0.60% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/WUkvzm2KzY
  • Silver has been beaten handily by gold in the rush to haven assets inspired by the contagion. However, the gold/silver ratio was rising steadily before this crisis and will probably continue to do so. Get your #silver market update from @DavidCottleFX here:https://t.co/00DiZn6XZS https://t.co/ygkaj7nHr6
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 0.83% Gold: 0.06% Oil - US Crude: -2.72% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/fmPVQRIybZ
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.90%, while traders in US 500 are at opposite extremes with 73.90%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/dvBsnLVAGy
  • 👏👏👏 https://t.co/Yikta9i2QK
Commodity Technical Analysis: Crude Dips Below 8500

Commodity Technical Analysis: Crude Dips Below 8500

2012-10-29 20:03:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_oil_body_crude.png, Commodity Technical Analysis: Crude Dips Below 8500

Chart Prepared by Jamie Saettele, CMT

Commodity Observations: Crude has dipped below 8500 to test support from the 6/29 JST close at 8475. Still, the rally from 7726 is probably a correction with sub waves 3-3-5.

Commodity Trading Strategy Implications: “The 6/29 (large range and large volume) close is at 8475 and 7/10 low is at 8363. These levels may provide interim support but market risk is lower, albeit on strength.”

LEVELS: 8084 8363 8475 8744 8855 8976

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.