Home » Posts tagged "oil daily price" (Page 3)

Daily Oil Prices 30 Sep 2010

As forecast in Tuesday’s daily oil prices commentary the pennant pattern which had been forming on the WTI oil chart over the past few weeks, duly delivered the spectacular breakout we expected, with crude oil closing yesterday at fractionally below $78 per barrel.  The wide...

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Daily Oil Prices 29 Sep 2010

Daily oil prices continue to trade in a very narrow range characterised in yesterday’s oil trading session by a long leg doji candle which touched $77 per barrel to the upside and $75.50 to the downside before closing at the midpoint.  Yesterday’s price action replicated...

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Daily Oil Prices 23 Sep 2010

Yesterday’s long legged doji candle on the daily WTI oil chart hinted at a possible pause point and potential reversal for crude oil, but so far in early trading this morning this has failed to materialise with the commodity drifting lower once again to trade...

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Daily Oil Prices 22 Sep 2010

Daily oil prices for the WTI oil contract are now building towards the creation of a strong pennant pattern on the daily chart which is centring around the $75 per barrel price point, as the complex continues to trade in an increasingly narrow range with...

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Daily Oil Prices 20 Sep 2010

The WTI crude oil futures contract continues to trade in a consolidation phase oscillating between $70.76 to the downside and $82.97 to the upside.  As such the oil market remains undecided as to any firm trend waterlogged in this trading range and currently exhibiting no...

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Daily Oil Prices for WTI 17 Sep 2010

Daily oil prices in the spot market followed a similar pattern to the WTI crude oil futures contract yesterday ending the oil trading session as a wide spread down candle which closed fractionally below the $74 per barrel price handle, breaking through both the 9...

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Daily Oil Prices 15 Sep 2010

Daily oil prices continue to struggle to find some traction with the WTI contract in particular dropping back in today’s oil trading session towards the $75 per barrel price handle and 9 and 14 day moving averages.  From a technical perspective this fall is not...

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Daily Oil Prices Chart Analysis 14 Sep 2010

A worrying signal for oil bulls on the WTI daily oil chart which saw the commodity attempt to rise yesterday, touching a high of $78.04 per barrel, before collapsing lower once again to end the oil trading session as a shooting star candle giving us...

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Daily Oil Prices Analysis 13 Sep 2010

As daily oil prices attempt to cling to their recent gains  the commodity continues to trade in a narrow range oscillating between $70 per barrel to the downside and $85 to the upside, where prices have remained stagnant for almost a year.  Indeed the weekly...

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Daily Oil Prices 7 Sep 2010

Daily oil prices continue to hang on grimly to their recent short term gains whilst they struggle to hold at the 9 and 14 day moving averages.  Yesterday’s price action was muted to say the least and today has been little better, as the commodity...

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