Forecast and levels for Oil - page 25

 

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Press review

Sergey Golubev, 2023.07.26 17:25

U.S. Commercial Crude Oil Inventories news event: intra-day bullish trend; daily bullish reversal; 83 resistance is the key

2023-07-26 14:30 GMT | [USD - Crude Oil Inventories]

  • past data is -0.7M
  • forecast data is -2.2M
  • actual data is -0.6M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

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"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 0.6M million barrels from the previous week."

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Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Press review

Sergey Golubev, 2023.08.02 18:53

U.S. Commercial Crude Oil Inventories news event: daily correction within the primary bullish trend; key resistance at 82 for the correction to be continuing and 79 for the daily bearish reversal to be started

2023-08-02 14:30 GMT | [USD - Crude Oil Inventories]

  • past data is -0.6M
  • forecast data is -0.9M
  • actual data is -17.0M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 17.0M million barrels from the previous week."

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Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Chart was made on MT5 with MACD trading system (MT5) from this post #2342 as well as the following indicator from CodeBase:

All about BrainTrading system for MT5:


 

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Sergey Golubev, 2023.08.29 17:09

Intra-Day Fundamentals - AUD/USD, EUR/USD and Brent Crude OilCB Consumer Confidence

2023-08-29 14:00 GMT | [USD - CB Consumer Confidence]

  • past data is 114.0
  • forecast data is 113.4
  • actual data is 106.1 according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - CB Consumer Confidence] = Level of a composite index based on surveyed households.

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From official report :

"Consumer confidence fell in August 2023, erasing back-to-back increases in June and July," said Dana Peterson, Chief Economist at The Conference Board. "August’s disappointing headline number reflected dips in both the current conditions and expectations indexes."

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AUD/USD: range price movement by CB Consumer Confidence news events

AUD/USD: range price movement by CB Consumer Confidence news events

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EUR/USD: range price movement by CB Consumer Confidence news events

EUR/USD: range price movement by CB Consumer Confidence news events

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Crude Oil: range price movement by CB Consumer Confidence news events

Crude Oil: range price movement by CB Consumer Confidence news events

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The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:


 

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Sergey Golubev, 2023.10.09 07:56

Intra-Day Fundamentals - USD/CAD, Brent Crude Oil and USD/JPY: United States Nonfarm Payrolls

2023-10-06 12:30 GMT | [USD - Non-Farm Employment Change]

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

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From rttnews article :

"Indicating continued strength in the labor market despite aggressive interest rate hikes by the Federal Reserve, the Labor Department released a report on Friday showing employment in the U.S. surged by much more than expected in the month of September."

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USD/CAD: range price movement by Nonfarm Payrolls news events

USD/CAD: range price movement by Nonfarm Payrolls news events

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Brent Crude Oil: range price movement by Nonfarm Payrolls news events


Brent Crude Oil: range price movement by Nonfarm Payrolls news events

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CAC 40: range price movement by Nonfarm Payrolls news events


CAC 40: range price movement by Nonfarm Payrolls news events

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The chart was made on MT5 with the following indicator from CodeBase:


 

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Press review

Sergey Golubev, 2023.10.18 17:33

U.S. Commercial Crude Oil Inventories news event: daily breakout to the bullish reversal

2023-10-18 14:30 GMT | [USD - Crude Oil Inventories]

  • past data is 10.2M
  • forecast data is 0.5M
  • actual data is -4.5M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.5M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Press review

Sergey Golubev, 2023.10.26 08:30

U.S. Commercial Crude Oil Inventories news event: intra-day ranging; 86 and 93 are the keys

2023-10-25 14:30 GMT | [USD - Crude Oil Inventories]

  • past data is -4.5M
  • forecast data is 1.4M
  • actual data is 1.4M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.4M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

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Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After

  1. The main AscTrend thread is this one.
  2. Asctrend indicator in depth
  3. ASCTREND SYSTEM summary (good EAs included)
  4. Brainwashing system/AscTrend system (MT5) - the thread

 

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Press review

Sergey Golubev, 2023.11.01 18:28

U.S. Commercial Crude Oil Inventories news event: daily breakdown to the bearish reversal; 84.7 is the key

2023-11-01 14:30 GMT | [USD - Crude Oil Inventories]

  • past data is 1.4M
  • forecast data is 2.2M
  • actual data is 0.8M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.8M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Press review

Sergey Golubev, 2023.11.15 17:19

U.S. Commercial Crude Oil Inventories news event: daily ranging within the bearish trend; 79 is the key for the bearish trend to be continuing; 87 is the key for the daily bullish reversal to be started

2023-11-15 15:30 GMT | [USD - Crude Oil Inventories]

  • past data is 13.9M
  • forecast data is 2.5M
  • actual data is 3.6M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.6M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Press review

Sergey Golubev, 2023.12.14 02:54

Intra-Day Fundamentals - GBP/USD, Brent Crude Oil and Dow Jones Industrial AverageFederal Funds Rate and FOMC Statement

2023-12-13 19:00 GMT | [USD - Federal Funds Rate]

  • past data is  5.50%
  • forecast data is 5.50%
  • actual data is 5.50% according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.

==========

From official report :

"The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. The Committee will continue to assess additional information and its implications for monetary policy."

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GBP/USD: range price movement by  Federal Funds Rate news events

GBP/USD: range price movement by  Federal Funds Rate news events

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Brent Crude Oil: range price movement by  Federal Funds Rate news events

Brent Crude Oil: range price movement by  Federal Funds Rate news events

==========

Dow Jones: range price movement by  Federal Funds Rate news events

Dow Jones: range price movement by  Federal Funds Rate news events

==========

Chart was made on MT5 with the following indicators from CodeBase:


 

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Press review

Sergey Golubev, 2024.01.05 10:26

U.S. Commercial Crude Oil Inventories news event: daily pricw was bounced from Ichimoku cloud to below for the bearish trend to be continuing

2024-01-04 16:00 GMT | [USD - Crude Oil Inventories]

  • past data is -7.1M
  • forecast data is -2.5M
  • actual data is -5.5M according to the latest press release

[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

==========

"U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.5M million barrels from the previous week."

==========

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events 

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

Crude Oil: range price movement by  U.S. Commercial Crude Oil Inventories news events

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


Reason: