FTSE 100 technical analysis
28th November 19
FTSE 100 Daily Chart: The price broke out of the trendline recently but stopped at the previously touted 7440.8 resistance zone. Today we have seen a small pullback and...
Read More28th November 19
FTSE 100 Daily Chart: The price broke out of the trendline recently but stopped at the previously touted 7440.8 resistance zone. Today we have seen a small pullback and...
Read More28th November 19
WTI $58.11 -30c, Brent $64.06 -21c, Diff -$5.95 +9c, NG $2.50 -3c Oil price A very happy Thanksgiving to our American readers, I hope that you enjoy the holiday weekend but wish you hadn...
Read More27th November 19
WTI $58.41 +40c, Brent $64.27 +62c, Diff -$5.86 +22c, NG $2.47 +6c Oil price Another up day yesterday although that was by no means certain trading hours early on. On the plus side...
Read More27th November 19
Leading into the festive season I thought it would be wise to take a look at the battle of the supermarkets. From a technical perspective, the Sainsbury's and Morrison share charts are coming up to...
Read More27th November 19
This weekend saw the release of the Labour manifesto , in which the bottom line spending will amount to nearly £83bln a year, funded primarily through taxes along, but augmented by fresh...
Read More27th November 19
Travel workers in the UK received some good news as Hays Travel expanded on its purchase of 555 shops from the collapsed Thomas Cook chain to announce that it will be hiring an extra 1500 staff...
Read More26th November 19
With the election around the corner, both leading governments have been making pledges to build homes at record levels. With this in mind and the fact that the Tories are in the lead...
Read More25th November 19
5H well update and guidance increased from PetroTal this morning where all seems to be going very much according to plan. The 5H well on the Bretaña field in Peru is progressing to budget...
Read More22nd November 19
WTI $58.58 +$1.57, Brent $63.97 +$1.57, Diff -$5.39 +10c, NG $2.57 +1c Oil price The oil market actually looks quite tight at the moment which is important given that we are less than two...
Read More22nd November 19
Macro Thoughts The week has been littered with fresh concerns that the US actions to support the protesters in Hong Kong will hamper, and perhaps scupper the Phase One deal which the...
Read More21st November 19
The Centrica share price has pushed to its highest level since 30th July after a positive trading statement. Focusing on the technicals now, there are a couple of key points on the...
Read More20th November 19
Gold has been trading well technically over the last few weeks with both trendlines and support and resistance levels being respected. The yellow metal is in a pretty tricky area but...
Read More19th November 19
The FTSE 100 has moved sharply to the upside today and is currently 1.17% higher. Yesterday, Fox Business reported that the US will extend its licenses, which allow firms to continue...
Read More19th November 19
Hurricane Energy With speculation rife the Hurricane team are trying hard to keep the facts of the matter in the marketplace. Hence today they announce that the DST is expected to start today...
Read More14th November 19
It is now widely acknowledged that the Eurozone is undergoing a series slowdown in economic activity, hurt by a number of key factors, top of which is the diminishing global demand which hits all...
Read More13th November 19
WTI $56.80 -6c, Brent $62.06 -12c, Diff -$5.26 -6c, NG $2.62 -2c Sound Energy Sound announced yesterday two board changes, Mohammed Seghri takes over from James Parsons as interim CEO...
Read More12th November 19
Predator has announced an update on its CO2 EOR operations in Trinidad. It states that Columbus has announced the extension of the Inniss-Trinity IPSC to allow for the implementation of the Pilot...
Read More11th November 19
WTI $57.24 +9c, Brent $62.51 +22c, Diff -$5.27 +13c, NG $2.79 +2c Oil price Oil has carried a gentle rally over recent days, primarily as news about the trade talks is generally better...
Read More8th November 19
The focus in the US has been all on the US-China trade talks, with both sides working hard to get to the stage where they can sign Phase One of a trade deal. However, China is insisting on...
Read More8th November 19
Hurricane Energy In response to media speculation regarding the Warwick West well Hurricane has issued an RNS this morning. They say that the well is due to commence testing soon but the...
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