With the current instabilty of the US economy and the USD doing weird somersaults over the last month or so now is not a good time to be looking at historic charts - seeing what the oil/USD relatiuonship was historically and expecting it to behave in a similar fashion.
The oil price drawn vs the Euro or vs the AUD might be more the way to go to see how much oil is weakening - if it indeed is.
It was always going to come back down from the spike - but the long term trend looks like it's intact - in the long term chart - provided by woddonnee ? above.
- Forums
- ASX - By Stock
- back to 60 bucks in a few months
back to 60 bucks in a few months, page-40
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online