Forecast and levels for Oil - page 26

 

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Press review

Sergey Golubev, 2024.01.10 17:32

U.S. Commercial Crude Oil Inventories news event: daily bearish ranging near and below 200-SMA; 74 is the key

2024-01-10 15:30 GMT | [USD - Crude Oil Inventories]

  • past data is -5.5M
  • forecast data is -2.2M
  • actual data is 1.3M 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) increased by 1.3M 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

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


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2024.03.08 15:32

Intra-Day Fundamentals - GBP/USD, GOLD (XAU/USD) and Brent Crude Oil : United States Nonfarm Payrolls

2024-03-08 13:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 229K
  • forecast data is 220K
  • actual data is 275K according to the latest press release

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 official report :

Total nonfarm payroll employment rose by 275,000 in February, and the unemployment rate increased to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing.

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

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

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GOLD (XAU/USD) : range price movement by Nonfarm Payrolls news events

GOLD (XAU/USD) : 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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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, 2024.03.13 16:38

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

2024-03-13 14:30 GMT | [USD - Crude Oil Inventories]

  • past data is 1.4M
  • forecast data is 0.9M
  • actual data is -1.5M 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 1.5M 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

==========

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:


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2024.04.15 15:32

Intra-Day Fundamentals - Dollar Index, USD/CNH and Brent Crude Oil: United States Retail Sales

2024-04-15 12:30 GMT | [USD - Retail Sales]

  • past data is 0.9%
  • forecast data is 0.4%
  • actual data is 0.7% according to the latest press release

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

[USD - Retail Sales] = Change in the total value of sales at the retail level.

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From rttnews article :

"The Commerce Department released a report on Monday showing U.S. retail sales increased by much more than expected in the month of March".

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Dollar Index: range price movement by United States Advance Retail Sales news events

Dollar Index: range price movement by United States Advance Retail Sales news events

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USD/CNH: range price movement by United States Advance Retail Sales news events

USD/CNH: range price movement by United States Advance Retail Sales news events

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Brent Crude Oil: range price movement by United States Advance Retail Sales news events

Brent Crude Oil: range price movement by United States Advance Retail Sales news events

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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: