Learn how to trade crude oil in 5 steps

Please let us know how you would like to proceed. When the price of oil remains low for too long, the companies that explore and drill for oil cannot raise the capital they need to find and produce enough of it. Technically, Brent remains in an uptrend and unless something changes fundamentally I think crude oil prices are about to rip. The information on this web site is not targeted at the general public of any particular country. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. In short, the curve has jumped meaning future prices are higher across the curve through For those looking for trading ideas, our IG Client Sentiment shows the positioning of retail traders with actual live trades and positions.

Crude oil price, news and analysis: Libyan production of crude oil is rising, as is Russian output, and Saudi Arabia is pumping record volumes. That is keeping crude oil prices on a downward tack as Chinese economic growth slows.

2. Understand the Crowd

Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment. Downtrend Intact Amid Consolidation. Financial markets, economics, fundamental and technical analysis. Please enter valid Last Name. Please enter valid email. Phone Number Please fill out this field.

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You are subscribed to Martin Essex. An error occurred submitting your form. Please try again later. Crude oil price, news and analysis: Libyan production of crude oil is rising, as is Russian output, and Saudi Arabia is pumping record volumes.

That is keeping crude oil prices on a downward tack as Chinese economic growth slows. Supply and demand trends keep crude oil prices on the back foot Crude oil prices continue to fall on increased supply and a likely reduction in demand as Chinese economic growth slows. Upcoming Events Economic Event.

Forex Economic Calendar A: Talk markets on twitter ForexYell. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. A demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account.

Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment. Downtrend Intact Amid Consolidation. Crude Oil Price Forecast: Please enter valid Last Name.

Please enter valid email. Phone Number Please fill out this field. Please Select Please select a country. Yes No Please fill out this field. For more info on how we might use your data, see our privacy notice and access policy and privacy website. Or, read more articles on DailyFX. You are subscribed to Tyler Yell. An error occurred submitting your form. Please try again later. In short, all signs are currently leading to a bullish H2 for crude as demand exceeds forecasts and bottlenecks and tariffs are widening the output gap from the potential leading to a tighter market.

Crude has recently traded to new three-year highs with pull-backs to be seen as opportunities as opposed to tops. Upcoming Events Economic Event. Forex Economic Calendar A: Click here to dismiss.

Crude Oil Price Technical Analysis

Access our recent Crude Oil & Macro Fundamental Forecast here; Key Technical Levels for WTI Crude Oil: Resistan ce: $77 per barrel – % retracement of / price rang e; Spot: $/bbl; Support: $63– June low, key rejection off lagging line Ichimoku cloud support; Crude Oil Fundamental Market Update. The end of June has been kind to crude Bulls. Crude Oil Price Technical Analysis WTI Crude Oil and Natural Gas Forecast | 8/17/ AM The WTI Crude Oil market has bounced a slightly during trading on Thursday, as it reached the psychologically important $65 level. Crude Oil Price Forecast – crude oil rocked again WTI Crude OilThe WTI Crude Oil market broke down rather hard during trading on Thursday, as we reached as high as $69 early in the trading session, but within an hour or two of opening, the markets were down % and testing the $ level.