Category #OIL

The oil is a widely traded currency pair in the foreign exchange (Forex) market, representing the Euro (EUR) and the United States Dollar (USD). It is one of the most popular and liquid currency pairs, and it is often used as a benchmark for the relative strength of the Eurozone and the United States economies. Traders and investors closely monitor the EUR/USD for insights into global economic conditions and market sentiment. Fluctuations in this pair are influenced by various factors, including economic data releases, central bank policies, geopolitical events, and market sentiment, making it a key instrument for Forex trading and analysis.

OIL Forex Analysis for Today, Friday (06-09-2024)

OIL Forex Analysis for Today, Friday (06-09-2024) OIL Forex Analysis for Today, Friday (06-09-2024) Still SELL Opportunities for OIL: DOWN TRENDLINE Holding Strong CLSK Analysis Yesterday, crude oil prices briefly strengthened after Saudi Arabia, Russia, Iraq, the United Arab…

OIL Forex Analysis for Today, Thursday (05-09-2024)

OIL Forex Analysis for Today, Thursday (05-09-2024) OIL Still Has SELL Potential: Remaining Below the Down Trendline CLSK Oil Analysis Oil Prices Remain Pressured by Weak Demand Crude oil prices remain under pressure amid low demand and ongoing sell-offs, despite…

OIL Forex Analysis for Today, Wednesday (04-09-2024)

OIL Forex Analysis for Today, Wednesday (04-09-2024) OIL Still Showing SELL Potential: Remains Below Down Trendline CLSK Analysis OPEC+ Production Projections and China Data Pressure Oil Crude oil prices continue to remain under pressure due to anticipated increases in OPEC+…

OIL Forex Analysis for Today, Wednesday (04-09-2024)

OIL Forex Analysis for Today, Wednesday (04-09-2024) OIL Still Showing SELL Potential: Remains Below Down Trendline CLSK Analysis OPEC+ Production Projections and China Data Pressure Oil Crude oil prices continue to remain under pressure due to anticipated increases in OPEC+…

OIL Forex Analysis for Today, Tuesday (03-09-2024)

OIL Forex Analysis for Today, Tuesday (03-09-2024) OIL SELL Potential: Pullback to BoS Area CLSK Analysis OPEC+ Production Expected to Rise Crude oil prices remain under pressure as the market anticipates an increase in production from OPEC+ in October, amidst…

OIL Forex Analysis for Today, Monday (02-09-2024)

OIL Forex Analysis for Today, Monday (02-09-2024) OIL Drops Again, SELL Potential: BoS Observed OIL Analysis Possibility of Oversupply Pressures Prices Crude oil prices have declined once more due to the potential increase in OPEC+ production in October, amidst slowing…

OIL Forex Analysis for Today, Friday (30-08-2024)

OIL Forex Analysis for Today, Friday (30-08-2024) OIL Reverses with BUY Potential: DOWN TRENDLINE Broken CLSK Analysis Irak Plans Further Production Cuts Irak is planning to further reduce its oil output. After cutting production by 4.25 million barrels per day…

OIL Forex Analysis for Today, Thursday (29-08-2024)

OIL Forex Analysis for Today, Thursday (29-08-2024) OIL SELL Potential: Monitor DOWN TRENDLINE CLSK Analysis Libya Production Halt Expected to Be Temporary Crude oil prices continue to weaken as the sell-off persists. The market seems to have dismissed the potential…

OIL Forex Analysis for Today, Wednesday (28-08-2024)

OIL Forex Analysis for Today, Wednesday (28-08-2024) Potential SELL on OIL: UP TRENDLINE BREAKS! OIL Analysis Libya’s Production Halt Expected to Be Temporary The market anticipates that Libya will gradually reduce its production, rather than implement a drastic production halt.…

OIL Forex Analysis for Today, Tuesday (27-08-2024)

OIL Forex Analysis for Today, Tuesday (27-08-2024) Check Out BUY Opportunity for OIL: Still Supported by UP TRENDLINE! CLSK Analysis Libya Halts Production The price of crude oil surged around 3% yesterday amid reports of a production halt in Libya.…