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EUR/USD
Bullish
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Last updated: Apr 25, 2024
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Euro Outlook – EUR/USD and EUR/GBP Technical Analysis and Sentiment Latest
2024-04-24 18:30:13
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Oil - US Crude
Mixed
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Last updated: Apr 25, 2024
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The Impact of Geopolitical Tensions on Oil Prices
2024-04-18 18:00:03
Market Sentiment Analysis & Outlook: Gold, Silver, Crude Oil
2024-04-18 17:00:00
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Mixed
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Last updated: Apr 25, 2024
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Rallies in FTSE 100, DAX 40 and Dow Have Further to Go
2024-04-24 10:00:03
Dow, Nasdaq 100 and Nikkei 225 Make Headway Off Recent Lows
2024-04-23 10:00:30
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Bearish
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Last updated: Apr 25, 2024
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Risk Sentiment Remains Positive: Gold, VIX, Tesla Latest Outlooks
2024-04-24 07:47:49
Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus
2024-04-23 11:30:40
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Bullish
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Last updated: Apr 25, 2024
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British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations
2024-04-23 13:30:02
GBP/USD, EUR/GBP Outlooks – Sterling Weakens After Bank of England Commentary
2024-04-22 07:59:04
USD/JPY
Mixed
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Last updated: Apr 25, 2024
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USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting
2024-04-25 08:10:18
Japanese Yen Lower Again, USDJPY Market Weighs Intervention Chances
2024-04-24 13:00:00
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Crude Oil Dumps off of Horizontal Level into OPEC

Crude Oil Dumps off of Horizontal Level into OPEC

Jamie Saettele, CMT, Sr. Technical Strategist

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Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The last comment noted that “crude turned up at the 200 day average but ran into a well-defined horizontal level (49) and is therefore at risk of turning down again. Consolidation since the June high could end up as an ascending triangle.” Crude has turned down sharply and near term focus is on the trendline just above 43. From the looks of it, that’s the next decision point.

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

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Oil - Brent Crude
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Last updated: Apr 25, 2024