Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 42.31 with take profit at 41.86. Alternative scenario: Buy position is envisaged if price trades above 42.69 with take profit at 43.30. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Black gold is envisaged to trade lower as the potential return …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades above 39.23 with take profit at key level 38.89. Alternative scenario: Buy if price trades above 39.63 with take profit at 40.04. Fundamentals:No major economic data with bearing on the commodity. Comment: Energy prices has been tanking and this can be due to the fact …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 39.62 with take profit at 39.32 Alternative scenario: Buy when price trades above 40.22 with take profit 40.54 Fundamentals:No Fundamentals. Comment: Oil prices declined as there is a strong decline in demand for crude oil products. Prices have been pushing lower and it is …
Instrument: OIL Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 40.13 with take profit at key level 40.94. Alternative scenario: Sell if price trades above 39.03 with take profit at 38.15. Fundamentals:No major economic data with bearing on the commodity Comment: Oil prices declined as there was decline in demand for crude oil products. …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 41.67 with take profit at 41.15 Alternative scenario: Buy position is envisaged if price trades above 44.00 with take profit at 44.30 Fundamentals:No major economic data with bearing on the commodity Comment: The commodity is envisaged to trade lower in today’s session as Oil …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 43.80 with take profit at 43.57 Alternative scenario: Buy position is envisaged if price trades above 44.54 with take profit at key level at 44.84 Fundamentals:No major economic data with direct bearing to this commodity Comment: Oil was bearish yesterday and this can be …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.31783 with take profit at 1.31625 Alternative scenario: Buy position is envisaged if price trades above 1.31941 with take profit at 1.32098 Fundamentals:3:30pm USD Crude Oil Inventories Comment: The CAD bulls may be facing exhaustion, having engineered a 1,500-pip decline in the USD/CAD pair …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 44.75 with take profit at 45.00 Alternative scenario: Sell position is envisaged if price trades below 44.55 with take profit at 44.16 Fundamentals:No major economic data with direct bearing to this commodity Comment: Black gold is envisaged to close higher today, buoyed by …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 44.65 with take profit at 44.24 Alternative scenario: Buy position is envisaged if price trades above 45.15 with take profit at key level at 45.55 Fundamentals:No major economic data with direct bearing to this commodity Comment: Oil became extremely bearish yesterday after the …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 45.34 with take profit at key level 45.04 Alternative scenario: Buy if price trades above 45.73 with take profit at 46.08 Fundamentals:No Fundamentals. Comment: Technically Brent has been hovering between 46.15 and 44.35 prize zones, right now investors would be waiting for crude oil …
