USOIL – The Bulls Are Back

Good day and welcome back to another article from AspireFX. Over the course of the last month, USOIL has rebounded from below $0 a barrel and is now trading above the $30 mark. From a statistical stand point, this is nearly a 50% recovery since the beginning of 2020, where USOIL was $65 per barrel.Continue reading “USOIL – The Bulls Are Back”

GBP/JPY – Covid-19 Vaccine Updates & More

Good day and welcome back to another article traders. Today we are going to be providing an update on the prior article on GBPJPY and what we can expect next. In our prior article, we anticipated a move lower seeing a rejection on the 3rd bounce of the trend line and our favoured fibonacci levels.Continue reading “GBP/JPY – Covid-19 Vaccine Updates & More”

GBP/AUD – Major Sell Off On The Pound

Welcome back to another article from AspireFX. Today we are looking at the past movements on GBPAUD and where price could potentially head next. Starting on the weekly timeframe, we can see after a clear break of 1.95000 we had indecision printing a doji candle with properties of a bullish hammer. Since then we haveContinue reading “GBP/AUD – Major Sell Off On The Pound”

USOIL – Price Hits $0.00 & Even Further Below

USOIL has presented us with a modern day black swan as of yesterday with prices crashing through the floor of $0.00, with the lowest chart reading of $0.01 and contracts reaching roughly -$40 per barrel. For those of you who don’t know what a black swan is, it is an event with the 3 followingContinue reading “USOIL – Price Hits $0.00 & Even Further Below”