Likely
to submit contracts for crude oil and gold in the event undermined the
weak U.S. economic data reduced bets the Fed's stimulus efforts.
Highlighted key points:
Technical portend sites for crude oil contracts of the consequences of the emergence of a reflection on the horizon
Likely to receive support in the case of goods undermined the weak U.S. data reduced bets the Fed quantitative easing
Free table-poor U.S. economic data to traders awaited the release of house price index for the month of May and the manufacturing index published by the Federal Reserve Bank of Richmond in the state, with the expectation that the emergence of a slight improvement on both levels. However, as we pointed out earlier, the U.S. economic results returned to test some weakness compared with economists' expectations. Keep that area available in front of the emergence of disappointing results undermine speculation the Fed reduced the size of asset purchases. It is possible to enhance this scenario risk appetite and provides support for crude oil, copper and fueling demands for gold and silver contracts. Needless to say, he would have the results strong adverse effects.
Technical analysis for crude oil - Hot prices just as had been expected after testing constitute the evening star pattern in the candlestick. Main support lines up at 105.06, which aims to break down the existing level of 38.2% at 102.70. Near-term resistance at 108.89, the peak of the nineteenth of July
Highlighted key points:
Technical portend sites for crude oil contracts of the consequences of the emergence of a reflection on the horizon
Likely to receive support in the case of goods undermined the weak U.S. data reduced bets the Fed quantitative easing
Free table-poor U.S. economic data to traders awaited the release of house price index for the month of May and the manufacturing index published by the Federal Reserve Bank of Richmond in the state, with the expectation that the emergence of a slight improvement on both levels. However, as we pointed out earlier, the U.S. economic results returned to test some weakness compared with economists' expectations. Keep that area available in front of the emergence of disappointing results undermine speculation the Fed reduced the size of asset purchases. It is possible to enhance this scenario risk appetite and provides support for crude oil, copper and fueling demands for gold and silver contracts. Needless to say, he would have the results strong adverse effects.
Technical analysis for crude oil - Hot prices just as had been expected after testing constitute the evening star pattern in the candlestick. Main support lines up at 105.06, which aims to break down the existing level of 38.2% at 102.70. Near-term resistance at 108.89, the peak of the nineteenth of July
