New quarter dawns with much uncertainty for oil prices

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 1, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    So, that was the quarter that was, after all that coming and going WTI was up 3.5% and Brent 6.2% on the quarter. The first two weeks of the year did, however see over ten bucks off the prices, the lows on January 21st were $26.55 and $27.10 respectively. I guess that below $30 most concerned parties, including those who were making out with their short positions felt that enough was enough, certainly the rally was text book in its nature, exactly 50% up from that bottom. The new quarter dawns

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