MCX Crude Oil Gann Angle Chart Crude reacted from its 1×3 gann angle support ,now heading towards 6200-6300 range. MCX Crude Oil Supply Demand Zone MCX CRUDE OIL Supply Demand Chart : Demand in range of 5960-6000 Supply in range of 6100-6138 MCX Crude Oil Crude Harmonic Price has heading towards D leg… Read More »
MCX Crude Oil Gann Angle Chart Crude reacted from its 1×3 gann angle resistance,now heading towards 5920-6115 range. MCX Crude Oil Supply Demand Zone MCX CRUDE OIL Supply Demand Chart : Demand in range of 5800-5820 Supply in range of 6100-6138 MCX Crude Oil Crude Harmonic Price completed ABCD pattern and heading towards 6000-6066… Read More »
MCX Crude Oil Gann Angle Chart Crude is back to its 1×3 gann angle support,holding same rally back to 6272. MCX Crude Oil Supply Demand Zone MCX CRUDE OIL Supply Demand Chart : Demand in range of 5775-5800 Supply in range of 6084-6100 MCX Crude Oil Crude Harmonic Price is heading towards… Read More »
Last Night, the Israeli Air Force conducted a coordinated strike campaign against military targets inside Iran, dubbed Operation “Days of Repentance.” The mission involved dozens of aircraft, including strike fighters, refueling tankers, and reconnaissance planes, all of which have successfully returned to their bases in Israel. Several key strikes targeted Iranian air defense sites, broadening… Read More »
WTI crude has fallen below $69 per barrel, marking a decline of over 8%, the largest weekly drop since the last week of September. Weakness in oil intensified further today by slowing economic growth in China and a reduction in supply disruptions in the Middle East. China’s GDP grew by 4.6% in the September quarter… Read More »
A role reversal has occurred, with previous key resistance now acting as strong support, prompting a price rebound. Implied Volatility (IV) remains elevated at 53-56%, and skews are heavily favoring calls over puts, indicating that the geopolitical risk premium from West Asia is still factored in. The recent price correction has been substantial, suggesting the… Read More »
Israel-Iran China US Fed The trio to rock Commodity markets till the US elections in November. MCX Crude Oil Gann Angle Chart Crude is near its gann cycle on 07 Oct and can see a trend reversal once price start trading below 6200. MCX Crude Oil Supply Demand Zone MCX CRUDE… Read More »
MCX Crude Oil Gann Angle Chart Crude has taken support to its 1×1 gann angle holding the same can head towards 6000. MCX Crude Oil Supply Demand Zone MCX CRUDE OIL Supply Demand Chart : Demand in range of 5555-5600, Supply in range of 6000-6066. MCX Crude Oil Crude Harmonic … Read More »
The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) appear to have lost their pricing power, becoming price takers rather than setters. A perfect storm is brewing in the oil market , with weak demand, surging inventory, rising NGLs and biofuel output and rising non OPEC production. Add to that, today’s post… Read More »
Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. “The direction of… Read More »