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OIL Looks Set For More Gains

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OIL recently fell sharply, but found support around the $38.00 area. The price is now moving higher, and it looks like there might be...

Great profits in the first days of February! Over 550 pips...

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Hello friends, In this post i'd like to share just a few of the amazing moves that we caught in the last days that...

Short term correction in Oil creates buy opportunity

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Looks like bulls are trying to get on top. We see a clear band to band move in the daily chart. On the H4...

Buying dips in Oil

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Oil has been on a down run for quite some time and now for the first time we can see some bullish signs. On...

Lower gas prices seen fueling U.S. consumer spending in fourth quarter

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By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy likely grew at a brisk clip in the fourth quarter as lower gasoline prices buoyed consumer...

Oil price rises after the death of Saudi Arabia’s king

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Saudi Arabia - Price of oil jumped after the announcement that King Abdullah bin Abdulaziz died. There were speculations about a possible shift in...

GBPUSD – More downside to follow after short correction (extract from...

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The British pound was one of the biggest losers during this past week, as it traded lower against the US dollar and the Euro....

Selling rallies around the broken trend line preferred in AUDUSD (extract...

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The Australian dollar is trading lower against the US dollar. The AUDUSD pair managed to break an important bullish trend line and support area...

EURJPY to regain further bearish bias around 139.20-40

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The Euro continues to range trade against most of its counter currencies, including the Japanese yen in the medium term. However, I think the...

OIL: Selling in the short term preferred

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OIL is trading a bit higher, as the US retail sales data which was released yesterday came as a disappointment. However, the upside is...

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