Daily Archives: January 25, 2009

Crude oil may rise as members of the Organization of Petroleum Exporting Countries make record output cuts to counter the recession in major consuming countries. Saudi Arabia, OPEC’s biggest producer, has decided to cut output by 300,000 barrels a day … Continue reading →

Overall trend of EURUSD is still down. Confirmation of the downtrend depends on: 1. Whether it will breakout above the short term resistance of 1.3100. 2. Whether it will breakout above the 50 days moving average, which happens to be … Continue reading →