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Forex Commentaries and Forecasts

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The Crude Oil will be at levels of $101 after 1−week time

Tue, Nov 6 2007, 20:32 GMT
by George Marshal

World-Signals®  |  View company's profile


Forex Trading Signals and Daily Strategy

Live Forex, Stock, CFD, Gold and Crude Oil signals by World-Signals.com.

The Crude Oil for first time in the history breaks above $97.00 earlier today. The crisis with the oil prices and the dollar are connected and the low levels of the dollar will mean high oil prices. The World-Signals.com forecast for EURUSD is 1.50 in very short time while the Crude Oil forecast was for levels of $99-$100 in 15th-20th of November 2007. The new update in the forecast is for levels of $101/102 in the second half of November. The oil is a key weapon for the terrorists that start to be using first are the fears that push so high oil prices. While the oil jump to a new records almost every day the inflation in the U.S. will deeper by the so weak dollar. The forecast by our trading center is buying Crude Oil at prices below $95. The Crude Oil should recovery if break below $92.00.

Published on  Tue, Nov 6 2007, 20:33 GMT


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