Technical Analysis

WTI crude oil futures settle down $1.65 or -4.25% WTI crude oil futures are settling at $37.14. That is down $-1.65 or -4.25%. The high price today reached $38.61 the low price extended to $37.06 Technically, the price has been moved back toward the swing low and retracement area between $36.93 and $37.11. Next week
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Up $0.85 or 2.31% The WTI crude oil futures are settling at $37.62. That’s up $0.85 or 2.31%. There are some conflicting news reports today impacting the price. One was Libya oil production has increased. On the positive side is that OPEC+ is looking toward extending cuts 6 months to offset potential demand declines due to
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Tested yesterday and rebounded. After an up and down day, the pair is back down retesting the MA level The NZDUSD is back down retesting the 100 day MA. Recall from yesterday, the pair moved down to that level and found support buyers.    Today after some ups and downs, the pair has returned to
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Down $0.38 or -1.05% The price of crude oil futures settle at $35.79. That is down -$0.38 or -1.05%. The high price reached $36.60. The low price reached $35.21. The price last week closed at $39.85. With the close this week at $35.79. That represents a -10.2% decline for the week. Driving the price lower
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