Some financial commentators have picked up on the fact that the dollar has failed to get a safe haven bid so far during the turmoil in the Middle East. This […]
Category: Oil
Dollar Still Hovering at Critical 80 Level
The U.S. Dollar continues to consolidate right at the 80 level, which is roughly the midpoint of the trading range the dollar has established since bottoming in 2008. The trading […]
Cup and Handle Pattern in Oil
While oil and oil stocks are sitting at new highs for the year it appears they may have just completed bullish cup and handle continuation patterns. Oil has also formed […]
Oil Starting to Break Out of Multi-Month Consolidation
Many commodities have been rallying strongly since July. A notable exception has been oil and oil stocks, who just this past week may have finally started to break out of […]