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Daily forex technical analysis crude oil,trade forex on ipad,forex analysis live - 2016 Feature>

Crude oil paused to digest losses after prices slid to the lowest level in over six months earlier in the week. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.Learn forex trading with a free practice account and trading charts from FXCM. Crude oil prices put in a Bullish Engulfing candlestick pattern, hinting a move higher may be brewing ahead.

US DOLLAR TECHNICAL ANALYSIS – Prices moved upward as expected after producing a bullish Morning Star candlestick pattern.
GOLD TECHNICAL ANALYSIS – Prices are consolidating losses after accelerated downward to hit a four-month low. CRUDE OIL TECHNICAL ANALYSIS – Prices continue to digest after producing the largest daily decline in over seven months.

Alternatively, a turn below the 50% Fib at 11937 clears the way for a test of the 38.2% level at 11888.

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05.03.2014 | Author: admin

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