Posts

The USD showed the potential to breakdown against many majors

The USD (DXY) has been range bound for months, and mostly this is a product of many cross currents in the markets. Equity market volatility, weakness of fundamental data globally stating to seep in, the FOMC looking to be at the end of their hike cycle, China and US trade war brewing, and the list […]

Chart of the Day -Crude Oil- (Nov. 13th 2018)

Crude oil has fallen quite dramatically in the last few weeks and over 28% from the 2018 highs set in October.

2018 – The Year Ahead

2018 is nearly upon us and the past year was certainly full of interesting events. Potentially dangerous political events in the EU – such as the French & German elections and the Catalan independence referendum – were safely navigated.

Elliott Waves Mid Week Video

Grega is going over the GBPUSD, GBPJPY, Crude Oil using his Elliott Wave “magic”.

Crude Oil post OPEC meeting

OPEC: (the real) Deal or no Deal? After many months of speculation, OPEC finally delivered. Member countries agreed in principle to control oil production for the first time in several years. Production was agreed to be cut by around 1.2 million barrels a day, by January 2017.

Crude Oil examined under the scope of M.A.A. (Multiple Analysis Approach)

Oil has had a rollercoaster ride since late 2014, dropping from over $100 per barrel to under $30. The cause was quite simple:

Oil and CAD Are Bull While Dollar is a Fool

Anyone who is trading crude oil or USD/CAD should be aware of the important correlation between them. We know that if oil price rises then the Canadian economy benefits as they own considerable oil reserves (third only to Venezuela and Saudi Arabia). Furthermore, let’s not forget that the USD will likely drop in value if oil prices rise, and […]