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  1. #1
    ForexYard's Avatar
    ForexYard is offline Senior Member
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    Sep 2007
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    Post Falling Oil Prices Support the USD.

    Oil: There is still a bearish configuration on the 4 Hour and daily charts, indicating that the momentum is still down. The charts indicate that within this downward trend we should see a local correction before the downward momentum takes over again. Therefore forex traders can maximize gains by entering a stable short position after the local correction has taken place.




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  2. #2
    bonniesmith is offline Junior Member
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    Mar 2011
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    Investors went on a selling spree on March 1, 2011 on concerns that rising oil prices could hurt economic recovery.

  3. #3
    mas24546 is offline Junior Member
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    Jun 2011
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    Wattala, Western
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    Libya’s oil output, and with the issues they have, the exports won’t reach full capacity. WTI oil futures open trading session over $108 a barrel as tensions in Libya and several oil exporting countries in the Middle East.


    Oil Prices flare on Libya fighting?

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