ZuluTrade Blog

FED spoiled the market party

Market View | Thursday, June 11, 2020 12:33 PM GMT
Even though the market was expecting the FED to maintain the interest rates steady, the sellers have stepped in and the major indices are losing steam today.... [More]

Crude Oil Contract goes negative for a 1st time in history!

Market View | Tuesday, April 21, 2020 2:51 PM GMT
It’s true! It really happened. Producers had to pay Traders to take the oil off their hands. This has never happened before for an oil futures contract.... [More]

OPEC+ agreed to cut output by 9.5ml barrels per day

Market View | Monday, April 13, 2020 1:14 PM GMT
This corresponds to 10% of global supply as the market expects a 30% drop in total demand worldwide.... [More]

Will USOIL complete the bullish ABCD pattern?

Market View | Tuesday, September 26, 2017 8:58 AM GMT
USOIL is outperforming after closing above 200 SMA. It has already reached 52$ level after violating... [More]

USOIL is facing 200 SMA

Market View | Monday, July 31, 2017 6:57 AM GMT
USOIL is performing an amazing uptrend run after reaching +42$ level. There was a weekly reversal ca... [More]

USOIL is heading south step by step

Market View | Monday, June 19, 2017 6:38 AM GMT
USOIL is heading lower step by step (check daily chart). The fall is being performed by following a ... [More]

OPEC is shaking up USOIL

| Thursday, May 25, 2017 5:18 AM GMT
OPEC is shaking up USOIL today. It fell down almost to 50 level and retraced back to 51 in a few minutes. Saudi Arabia’s energy minister, Al – Falih, said that OPEC is likely... [More]

USOIL is approaching the psychological 50 Level

Market View | Friday, May 19, 2017 6:11 AM GMT
USOIL continues heading to 50$ level after regaining around 6$ from the lows at 44. The 50 level is an important psychological area for the market. If Crude violates it to the... [More]

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