What else can we talk about today but oil? Of course, the crude is attracting all of the talks and all of the eyes today. And not so much with the per-barrel price, as with the percentage gained by the crude over the last days. Both of the crudes – WTI and Brent have strengthened their positions and added points to their value. What else could we wish for?
The growth comes after the statement of Saudi Arabia that the general world output is now cut by 5 percent. It was inevitable that the price was going to fly up, as the fears on the supply have grown as well.
And today we have to really spread our attention. After all, the surge of oil like that of course sends waves of the growth across other segments of the market. What currencies are most likely to grow? Well, CAD and RUB are very dependent on the prices for oil. USD could gain price as well, but it seems that traders fleeing for oil is only making USD fall hard. So, if we want to be successful and profitable today, we are going to have to follow so many of the currencies as well as both of the crudes.
And it is so much easier to follow a lot of assets with trading signals!