Monday, August 23, 2010

Commodities & Currencies - More Selling Pressure On The Commodities Likely… - 23/08/2010

Light Sweet Crude Oil futures (Crude)
♦ In line with our expectation, the US Light Sweet Crude Oil futures fell further towards the crucial UTL level of US$73 last week.
♦ The crude registered its second bearish candle in a row, indicating a likelihood of follow-through selling momentum this week.

Commodities & Currencies - More Selling Pressure On The Commodities Likely… - 23/08/2010

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