#BottomFishingWTI?#
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Oil prices plummeted: According to Reuters quotes, US WTI crude oil futures prices have fallen below the US $ 12 / barrel mark within the day, with a minimum of US $ 11.428 / barrel, refreshing the lowest level since March 1999, with a decline of nearly 30%, the largest order since at least 1982 Daily decline. Is now the time for bottom fishing? What do you think?
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Possible Bottoming Here and Start of New Trend
#OPINIONLEADER##ProgramOpinionLeader# Hello friends. Here is a possible head and shoulders pattern, if it will break the resistance line might be an indication to start buying some dollars in this market, my alert is set for when it will break the resista
Oil Price Forecast: WTI drops below $24.00, 50-HMA, weekly support line in spotlight
WTI Futures on NYMEX fails to extend recoveries from 50-HMA.
A seven-day-old ascending trend line adds to the support.
Buyers look for entry beyond the immediate resistance line.
Having failed to extend the bounce off 50-HMA, WTI June Futures drop to $23.68, down 1.20% on a day, amid the initial fe
Euro Stays Weak in Mixed Markets, Canadian Attempting a Rebound
Euro and Swiss Franc remains broadly pressured today even though there is no follow through selling yet. But markets elsewhere are relatively mixed. While Australian and New Zealand Dollar attempted for a rebound, Dollar and Yen are not overwhelmed yet. Canadian Dollar is slightly stronger for now a
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