Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 89.34 with take profit at 89.59. Bearish Preference: Sell position is envisaged if price trades below 88.99 with take profit at 88.80. Fundamentals:No Major Fundamental Comment: Crude oil continues to press higher to start the month after a 17.2% rally in January. Geopolitical risks on the Ukrainian …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 89.80 with take profit at 90.00. Bearish Preference: Sell position is envisaged if price trades below 89.33 with take profit at 89.09. Fundamentals:No Major Fundamental Comment: Crude oil has continued on from last week’s gain in Asian trade on Monday. With northern hemisphere storms brewing, geopolitical concerns, …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25381 with take profit at 1.25557. Bearish Preference: Sell position is envisaged if price trades below 1.25043 with take profit at 1.24914. Fundamentals:2:30 PM CAD – Core retail salesCAD – Retail sales Comment: The USD/CAD pair maintained its bid tone heading into the European session …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 86.76 with take profit at 87.04. Bearish Preference: Sell position is envisaged if price trades below 86.19 with take profit at 85.89. Fundamentals:No major fundamental Comment: Crude oil managed to hold onto Friday’s gains as economic data in Asia had some good news in it and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.40 with take profit at 71.87. Bearish Preference: Sell position is envisaged if price trades below 70.73 with take profit at 70.34. Fundamentals:No major fundamental Comment: Crude oil prices went lower in the Asian session as risk assets came under pressure across the board. Markets were …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.37 with take profit at 75.79. Bearish Preference: Sell position is envisaged if price trades below 74.17 with take profit at 73.79. Fundamentals:No major fundamental. Comment: Crude oil fell over 13% on Friday after the World Health Organisation (WHO) verified a new strain of Covid-19 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.31 with take profit at 81.55. Bearish Preference: Sell position is envisaged if price trades below 80.57 with take profit at 80.28. Fundamentals:None with high impact on the commodity. Comment: Oil prices edged down on Thursday with investors waiting to see how major producers respond …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.88 with take profit at 82.18. Bearish Preference: Sell position is envisaged if price trades below 80.96 with take profit at 80.67. Fundamentals:4:30pm USD Crude Oil Inventories. Comment: Oil prices rose to a one-week high on Tuesday after a move by the United States and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.93 with take profit at 82.13. Bearish Preference: Sell position is envisaged if price trades below 81.49 with take profit at 81.33. Fundamentals:4:30pm Crude Oil Inventories Comment: Crude oil prices are on track to drop nearly 2% this week as US production ramps up. The weak price action comes …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.11 with take profit at 83.36 Bearish Preference: Sell position is envisaged if price trades below 82.34 with take profit at 82.13 Fundamentals:No major fundamental Comment: Crude prices edged higher Thursday, rebounding after the previous session’s losses on concerns the sharp rise in U.S. inflation, boosted …
