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82.5300 -0.1 (-0.12%)
7:54:22 (GMT)
Bid 82.5100
Ask 82.5500
Open 82.6300
High 82.6700
Low 82.2200
 

Daily Technical Analysis

Light Sweet Crude The light sweet crude market tried to rally during the session on Friday, but has seen the $85 level as been very resistive. The shooting star that form for the Friday session suggests that we are going...
Light Sweet Crude The light sweet crude market rose during the course of the day on Thursday, testing the $85 level. That level of course offered enough resistance to turn the market back around and form a fairly negative looking...
Light Sweet Crude The light sweet crude market as you can see fell during the course of the day on Wednesday, and even tested the $80 level. The resulting support and that large, round, psychologically significant number caused that the...
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Weekly Technical Analysis

Light Sweet Crude The light sweet crude market fell during the week as you can see, testing the $80 handle. That area offered quite a bit of support though, but as you can see we bounced quite drastically from that...
Light Sweet Crude The light sweet crude market initially tried to rally during the course of the week, but found the $91 level would be a bit too resistive, and therefore turned back around to sell off rather drastically. In...
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Daily Fundamental Analysis

Analysis and Recommendations: Crude Oil continued to gain today adding $1.35 continuing to rally after the drop in US inventory reported yesterday. Brent Oil gained $1.09 to trade at 86.92 while crude oil touched 84.05 as the spread narrowed to...
Analysis and Recommendations: Crude Oil gave up $1.19 to trade at 80.59 as traders try to push the commodity below the 80 level. Brent Oil fell in unison to trade at 83.42 down 70 cents today.  Oil fell more than...
Analysis and Recommendations: Crude Oil touched a record low of 80.38 and bounced to trade at 80.92 down 93 cents for the day. Brent Oil is down 79 cents at 84.62. OPEC continues to increase production to offset the fall...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation:  Crude Oil recovered on Friday to...
Weekly Analysis and Recommendation:  Crude Oil recovered its deep losses...
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More Crude Oil Report

 
Crude oil continued to recover adding 41 cents to trade at 82.48 but remains well below its average trading range as production and supply remain elevated while global growth and implied demand weaken. Brent oil added 12 cents as the weaker US dollar helped give dollar denominated...
The EUR/USD is set to close the week higher. The better close is not because of an improving Euro Zone economy, but rather position adjustments by short sellers because the U.S. economy is not as strong as previously estimated. The stronger tone for the EUR/USD was set...
Global commodities have seen little benefit from the decline in the US dollar over the past few days. Traders have been focused on the upcoming Federal Reserve speech by Janet Yellen due later today, but in the meantime the team of Federal Reserve speakers have been hitting...