May 22, 2017

Focus on USDCAD and Oil

Good day to all, my main focus this week and next will be USDCAD as I believe it is very close to a full scale bullish […]
May 17, 2017

Oil’s inability to recapture 51$ is a bearish sign

Oil prices have slowed down their rise from below 43$ early May as resistance at 50-51$ is formidable. The most probable price action I expect from […]
April 20, 2017

OIL Bear or Bull interesting times ahead

Greetings to all, after a sell off yesterday in Oil prices we are back to the drawing board to see which scenario is the most probable […]
November 7, 2016

Bullish reversal in Oil could see it to 54$

One thing you can’t accuse me of…I’m not a permabear or permabull. I’ve been oil bearish from 48$ to 52$ and back to 46$-45$ area for […]
October 14, 2016

Possible Head and Shoulders pattern in Oil

Oil price has been trading around $49-51.50 levels for the last couple of sessions with several bearish divergence signals by the oscillators and currently forming a […]
October 7, 2016

USDCAD: Prepare for lift off

The resilience in USDCAD even after the rally in Oil above 50$ is remarkable. The Dollar strength is immense and what will happen if oil makes […]
October 4, 2016

Short Oil

Oil price is forming an upward sloping wedge pattern with multiple bearish divergence signals by the oscillators. Short-term support is at $48.20 and a four hour […]
August 24, 2016

USDCAD preparing for a new low

With Oil price making a new short-term low at 46.45$ one would expect USDCAD to be above its recent high at 1.2965, instead price is pressured […]
July 5, 2016

Bullish USDCAD bearish Oil

USDCAD A bullish wedge is being formed after an impulsive rise from 1.2677 to 1.3120. Price has pulled back to the 61.8% Fibonacci retracement. Initial signs […]
March 30, 2016

Oil headed for 33-34$, bearish as long as below 42.50$

After a big rally and impulsive move from 26$ Oil has reached and made an important top at 42.55$. Price has broken the bullish short-term channel […]
February 4, 2016

Is oil forming a right shoulder?

Oil prices are most probably forming a bearish pattern familiar to most technical analysts. The head and shoulder pattern could be in the process of being […]
January 28, 2016

Inverse Head and Shoulders pattern in oil targeting 38$

Good day to all…I’m bullish Oil for several days now and as subscribers of my premium sms service already have seen, I ‘m long since below […]
January 11, 2016

Long-term outlook for Gold-Oil (subscribers)

GOLD                    Bullish                   TARGET – $1,500  —Trend changing/not confirmed […]