Oil has completed the last week in the area of 51 dollar per barrel

August 23, 2016

Oil has completed the last week in the area of 51 dollar per barrel.

Current situation

After a week of growth, the expected correction began to implement. Talks about a possible increase of the Fed rate, and the US dollar gains - will put pressure on the oil market.

Trading recommendations

We're careful with predictions about the depth and strength of correction. Nevertheless, the nearest support is in the area of $ 49 per barrel.

Publication source
Fort Financial Services information  Fort Financial Services reviews

October 21, 2016
EUR/USD remained unchanged after the ECB
The price maintained its bearish tone on Thursday. The EUR/USD pair stayed around its recent lows during the day. The euro slightly strengthened towards 1.1000 ahead of the US opening. The 50-EMA limited the euro recovery in the 1 hour chart...
October 21, 2016
Decisions on QE Postponed until December
Asian stock markets are narrowly mixed, with Japanese bourses managing marginal gains as the Yen falls against the Dollar. Stock futures in the U.S. are down...
October 21, 2016
EURUSD at $1.09, but declines could be limited
The ECB monetary policy meeting yesterday saw the euro give up its intraday gains to close on a bearish note. As Draghi signaled that the central bank would need time to assess the monetary policy situation...

Larson&Holz IT Ltd Rating
FxPro Rating
OANDA Rating
FOREX.com Rating
FXCM Rating
Grand Capital Rating

TropicalTrade Rating
Banc De Binary Rating
OptionBit Rating
Grand Option Rating
Anyoption Rating
Binary Brokerz Rating