ZuluTrade Blog
XAUUSD turns out to be a winner after OIL and Stock market’s concerns. USOIL was pushed lower after OPEC’s meeting and this caused a correction in most of the major indices li... [More]
OPEC is shaking up USOIL today. It fell down almost to 50 level and retraced back to 51 in a few minutes. Saudi Arabia’s energy minister, Al – Falih, said that OPEC is likely... [More]
USOIL continues heading to 50$ level after regaining around 6$ from the lows at 44. The 50 level is an important psychological area for the market. If Crude violates it to the... [More]
USDCAD goes “Loonie” especially when USOIL is extremely volatile. USOIL dropped sharply on Tuesday following the high supply expectations and pushed the pair even higher.... [More]
USOIL keeps offering trading price action along with loads of adrenaline. After March, this looks like a rollercoaster with sharp up and down moves. OIL lost around 62% of it... [More]
USOIL was already on uptrend but after US Airstrikes on Syria, the crude boosted higher towards a major resistance zone. Our technical view was quite accurate from our article... [More]
On 24th of March, we had mentioned the importance of US Oil inventories. Their trend was rising for such a long time and there was a sort of balance in the market, opposing OP... [More]
USOIL failed to break out the 54$-55$ area and forced in sharp downfall in 47$-48$. The market played bullish OPEC’s and some non-OPEC countries’ agreement to stabilize the pr... [More]
Crude Oil is consolidating around 50 to 54$ for several days after the 18% rally from February’s lows. Investors turned to bullish following OPEC’s agreement for cutting oil p... [More]
When reviewing USOIL daily time-frame, overall the trend remains upwards as there are no visible bearish crossovers in moving averages. The grey resistance zone on 54 kept the... [More]

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