1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Parameters in Equities, Oil

Discussion in 'Fundamental Analysis' started by ActionForex.com, Oct 22, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Last week's oil price break above $75 was an essential catalyst in accelerating the pace of USD selling beyond $1.50 in EURUSD, 0.93 in AUDUSD, and 1.03 in USDCAD. Technically, the next oil barrier emerges at $82.00 (100-week MA), a break of which would extend the rally towards $89.90. Coincidently,...

    complete article here...

Share This Page