Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.11 with take profit at 71.33. Bearish Preference: Sell position is envisaged if price trades below 70.27 with take profit at 70.06. Fundamentals:None with a high impact on the Commodity Comment: Oil prices declined towards $70 a barrel on Thursday as more countries imposed fresh …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.19 with take profit at 74.40. Bearish Preference: Sell position is envisaged if price trades below 73.44 with take profit at 73.22. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil rose towards $75 a barrel on Wednesday ahead of an industry report expected to show U.S. crude …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.50. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Both Brent and WTI futures remained above the $70-mark, and prices were almost unchanged as the week draws …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.53 with take profit at 70.34. Bearish Preference: Sell position is envisaged if price trades below 67.84 with take profit at 67.19. Fundamentals:No major fundamental. Comment: Oil was up Tuesday morning in Asia, but Brent oil futures and WTI futures both remaining below the $70 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.54 with take profit at 1809.85. Bearish Preference: Sell position is envisaged if price trades below 1797.86 with take profit at 1794.32. Fundamentals:No major fundamental. Comment: Gold prices fell alongside stocks on Friday as a disappointing US consumer confidence survey from the University of Michigan sent markets scrambling. …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25534 with take profit at 1.25724. Bearish Preference: Sell position is envisaged if price trades below 1.25134 with take profit at 1.24982. Fundamentals:1:30 PM USD Unemployment Claims Philly Fed …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18646 with take profit at 1.18746. Bearish Preference: Sell position is envisaged if price trades below 1.18461 with take profit at 1.18367. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: European stock markets are …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.68 with take profit at 74.09. Bearish Preference: Sell position is envisaged if price trades below 72.75 with take profit at 72.27. Fundamentals:USD 3:30 PM Natural Gas Storage 4:00 PM Crude Oil Inventories Comment: Oil prices dropped Thursday, falling for the third consecutive session, on …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.41 with take profit at 75.61. Bearish Preference: Sell position is envisaged if price trades below 74.77 with take profit at 74.53. Fundamentals:None with a high impact on the commodity. Comment: Oil was mixed Wednesday morning in Asia, but remained above the $73 mark, as a production dispute between …
