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Crude Thoughts

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Another up week for oil with nearly 10% added to both WTI and Brent and this morning has seen another strong start to the week with both putting on around 50 cents. On a purely technical basis this is most encouraging, for WTI breaking above $35 was important and with Brent now above $39 that too is giving scope for further upward movement. Generally economic news and industry data helped on Friday, the NFP was 242/-, higher than expected and people’s thoughts turned again to growth in the

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