Crude Oil Elliott Wave View: Mature Cycle

CL_F is looking to end cycle from 3/22 low at 53.7 – 54.6, then it should pullback to correct that cycle in 3, 7, or 11 swing before turning higher again.

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CL_F Elliott Wave View: Ending a cycle

Short term Elliott Wave view in Crude Oil (CL_F) suggests that cycle from 3/22 low (47.01) is unfolding as a double three Elliott wave structure where Minute wave

Crude Oil (CL_F) Elliott Wave View: 5 Wave Impulse

Crude Oil (CL_F) started rallying from 03/22 low in a bullish structure which still needs another leg higher to become 5 impulsive waves. The instrument ended the minute

Crude Oil (CL_F) Elliott Wave View : Bounce expected soon

Short term Elliottwave view in Crude Oil (CL_F) suggests that the instrument is currently correcting cycle from 11/14/2016 low (42.21) in 3, 7, or 11 swing before the

Crude Oil Elliott Wave View: Ending a Flat Correction

Short term Elliottwave view in Crude Oil (CL_F) suggests that the instrument is currently correcting cycle from 11/14/2016 low (42.21) in 3, 7, or 11 swing before the

Crude Oil (CL_F) looking for buying area

Short term Elliottwave view in Crude Oil (CL_F) suggests that the instrument is currently correcting cycle from 11/14/2016 low (42.21) in 3, 7, or 11 swing before the

AUD/CAD: Loonie to Extend Losses to Aussie on Chinese Trade Surplus

The Canadian dollar extends its losses against the Australian currency today following economic releases from the world’s second largest economy and the Land Down Under. The markets are

The Dire Effects of an Obama Victory

Dollar Dollar to stay strong The win for Obama may increase the trader’s appetite to take risks for the short term but along with it will raise the risk

Oil News

Crude Oil gains as equity markets rise and investor confidence returns Crude Oil gains as equity markets rise and investor confidence returns Oil also got a boost on speculation inventories

Oil News

Oil gave back its earlier gains after a report on May 13 showed a weaker-than-expected drop in U.S. retail sales Crude Oil little changed as traders await consumer demand Oil