Nadia Simmons
Nadia is a private investor and trader, dealing in currencies, commodities (mainly crude oil), and stocks. Using her background in technical analysis, she spends countless hours identifying market trends, major support and resistance zones, breakouts and failures. In her writing, she presents complex ideas with clarity that enables you to easily understand market changes, and profit on them. Nadia is the person behind Sunshine Profits' 3 premium trading services: Forex Trading Alerts, Oil Trading Alerts, and Oil Investment Updates.
Nadia Simmons Articles
The common currency declined against the U.S. dollar after stronger-than-expected U.S. economic data. Earlier today, the Labor Department showed that the CPI rose 0.2% in March (above expectations for a 0.1% increase), while the core...
On Tuesday, crude oil lost 1.39% as concerns over a slowdown in China and rising U.S. stockpiles weighed on the price. Because of these circumstances, light crude declined below the psychological barrier of $100 per barrel for the first...
Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective.
Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective. On Wednesday, crude oil gained 0.75% after the EIA data showed that crude inventories rose less than expected and better-than...
Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective. On Thursday, crude oil moved lower as the U.S. dollar strengthened after solid U.S. economic data and stocks of distillates fell...
Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective. On Wednesday, crude oil rose on better than expected economic data from China and climbed to its highest level since late October....
On Friday, crude oil gained 2.27% as the U.S. dollar weakened against major currencies after a monthly U.S. employment report came in weaker than expected. Thanks to these circumstances, light crude extended gains and rose above $100 per...
Earlier this week, the U.S. currency erased some losses against the euro, yen and Swiss franc. However, the greenback moved lower against the British after data showed that construction output in the U.K. rose at the fastest rate since...
On Monday, crude oil lost 0.84% as weaker-than-expected U.S. and Chinese economic data fueled concerns over crude oil demand. Thanks to this news, light crude closed the day below $97 for the first time since January 27.
In our previous commentary, we examined the situation in oil stocks. Back then, we wrote in the summary: (…) the outlook for oil stocks remains bullish and the uptrend is not threatened, however, taking into account the medium- and short-...
