July 24, 2017

Monday market review

Last week I posted an analysis on Oil and the high chances it had to get rejected and reverse lower. Oil price made a double top […]
July 21, 2017

Oil at important resistance area

Oil price got rejected yesterday once it reached the Daily Kumo (cloud) resistance at 47.30$. Oil price could be making a double top reversal here if […]
July 3, 2017

Two great calls….traded one of them

Last week I  called the Oil bottom and reversal together with my bullish view in Wheat. I did not trade both but only WHEAT. Here are […]
June 27, 2017

Calling a bottom in Oil and expecting a move to 48-50$

I believe that Oil prices have provided enough signs that an important low is in and that we should expect this reversal to unfold into a […]
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 […]