Crude oil Price action trading
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Crude Oil prices are trending higher from end of June 2017; the trend is still in place and reflects the optimism of market participants.
Declining dollar value and decreasing inventories caused crude oil prices to trend higher from 2740 to 3475 over the period of 5 months (June
The proponents of Technical analysis often say that ”History repeats itself” and Crude Oil is offering an explanatory picture of what that actually means!We
Despite catchy news events and geopolitical fears, Crude oil hasn’t changed much. Prices are still trading inside long-term range (which is clearly visible on