- OPEC compliance affected by high production ( of July) - Some figures about demand from China suggested that the peak moved from 2035 to 2040. - D1 and Weekly ( 5 weeks) charts show the bearish. On both daily and weekly RSI closed under 50 level.

Oil and Natural Gas

Nice work, Nesta. I also expected the same, it hit the higher low on D1 chart and I think that it's time to re-balance, back to $49 and re-test $50 handle again. The prices were down on concerns of oversupply, but I think the weakness of dollar and ...

Oil and Natural Gas

I cannot believe it, it stopped it was a lucky day anw

EURUSD

D1 chart. It happened exactly as I expected. My eyes now on EIA again.

Oil and Natural Gas

I think that USOil has run far enough this week. It's time to relax. It could hit $50 next week, on Tuesday or after the next EIA report and rig count.

Oil and Natural Gas

It's enough for me today. I will be back after the EIA Good luck everybody

Oil and Natural Gas