1. Hello Guest Click here to check FX Binary Point Financial Directory

Crude Oil Extends Losses

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective. On Friday, crude oil lost 3.34% as a bearish report from the International Energy Agency added to worries over a supply glut and affected negatively investors’ sentiment. In this environment, light crude dropped to a fresh 2015 low, slipping to the lowest level since Feb 2009. What’s next? On Friday, in its December oil market report, the International Energy Agency projected that global

    Continue reading...

Share This Page