Category Archives: Other Topics

Western Canadian Select price differential

Canadian oil exports to the U.S. and the price differential for Western Canadian Select compared to West Texas Intermediate.

CALGARY—In the escalating war of attrition among top oil-producing nations, Canada’s biggest oil-sands mines have a message for the market: Don’t look to us to cut production………..read more……….

Western Canadian Select is one of North America’s largest heavy crude oil streams.[1] It is a heavy blended crude oil composed mostly of bitumen blended with sweet synthetic and condensate diluents and 25[2] existing streams of both conventional and unconventional[2][3] Alberta heavy crude oils at the Husky blending terminal in Hardisty,Alberta (CAPP 2012).……..read more……….

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“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Copper 3-Year weekly chart

Major downtrend for copper. Where is support?
Three year chart for copper showing the major, intermediate, and near-term downtrends.

Copper 3-Year Weekly Chart

Three year chart for copper showing the major, intermediate, and near-term downtrends.

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“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Brent crude long-term chart 1982-2015

High probability Brent will test 40
Long-term chart for Brent

Brent Crude Oil Chart 1982-2015

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“The pressure starts when you execute the trade.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Brent Crude 3-Year weekly chart

Major psychological support level for Brent is 50 Next? 40
Major support level for brent is 50

Brent 3-Year Weekly Chart

The major trend is down and the major psychological support level is 50. Barring a major geopolitical event, there is a high probability this level will not hold. I continue to be short and will keep the short position until the charts indicate a reversal of the downtrend.

Cheap Oil’s Dark Shadow

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“The pressure starts when you execute the trade.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

West Texas Intermediate daily chart

A 5.42% drop for WTI and a close below 50. Next? 40, 30, 20, 10, 0
WTI Daily Chart wit a tentative close below 50

WTI Daily Chart

The June, 2008 low was $31.04. This could be a reference point in this downtrend.

Reference the last chart analysis for WTI.

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“The pressure starts when you execute the trade.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Natural Gas chart

Will there be a snap back to $3.60 on a cold snap?
Daily chart for natural gas showing the intermediate downtrend.

Natural Gas Daily Chart

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Weekly chart for natural gas
Weekly chart for natural gas

Natural Gas 3-Year Weekly Chart

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“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Euro weekly chart

Intermediate downtrend for the euro with major support at 1.20
Intermediate downtrend for the euro with major support at 1.20

Euro 3-Year Weekly Chart

There is a high probability that the 1.20 support zone will not hold.

______________________________

“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Canadian Dollar daily chart

Break below support of 86.00

Canadian dollar daily chart showing the $1.22 drop today to $84.85

Reference my chart analysis for the Canadian dollar published on December 15, 2014:

Will the Canadian Dollar test $0.8400 by year-end? Maybe!

Reference my chart analysis for the Canadian dollar published March 21, 2014:

Reference the last chart analysis for the Canadian dollar posted on December 8, 2013 when it was testing support of $0.9400. This level is now major resistance and the downtrend continues for the dollar. The current support level is now around $0.8900 and there is a high probability this level could be broken. On the long-term chart (not shown) there are support levels at $0.8600 and $0.8400. Yes, there is a high probability we could see the Canadian dollar test the $0.8400 level before the end of the year.

______________________________

“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca