Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 91.47 with take profit at 91.82. Bearish Preference: Sell position is envisaged if price trades below 91.01 with take profit at 90.70. Fundamentals:No Major Fundamental Comment: Oil prices eased on Friday as hot U.S. inflation fanned worries about aggressive interest rate hikes and investors await …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 89.40 with take profit at 89.73 . Bearish Preference: Sell position is envisaged if price trades below 88.59 with take profit at 88.24. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil prices climbed on Wednesday toward last week’s seven-year highs as a draw in U.S. crude stocks …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27050 with take profit at 1.277240. Bearish Preference: Sell position is envisaged if price trades below 1.26863 with take profit at 1.26705. Fundamentals:2:30pm CAD GDP m/m4:00pm USD ISM Manufacturing PMI USD JOLTS Job Openings Comment: USD/CAD is under pressure at the start of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 88.94 with take profit at 89.22 . Bearish Preference: Sell position is envisaged if price trades below 88.36 with take profit at 87.99. Fundamentals:No major fundamental Comment: Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 88.64 with take profit at 88.92. Bearish Preference: Sell position is envisaged if price trades below 87.92 with take profit at 87.62. Fundamentals:No Major Fundamental Comment: Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the U.S. Federal Reserve will tighten monetary …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 88.78 with take profit at 88.97. Bearish Preference: Sell position is envisaged if price trades below 87.37 with take profit at 87.09. Fundamentals:No major fundamental Comment: Oil prices rose for a fourth day on Wednesday as an outage on a pipeline from Iraq to Turkey increased …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25299 with take profit at 1.25422. Bearish Preference: Sell position is envisaged if price trades below 1.24759 with take profit at 1.24590. Fundamentals:2:30pm USD Retail Sales Comment: The persistent weakness in the US dollar, despite the uptick in the Treasury yields, recalls sellers, as investors remain …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.29 with take profit at 85.61. Bearish Preference: Sell position is envisaged if price trades below 83.83 with take profit at 83.35. Fundamentals:No major fundamental Comment: Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.57 with take profit at 85.28 . Bearish Preference: Sell position is envisaged if price trades below 82.86 with take profit at 82.16. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.90 with take profit at 83.42. Bearish Preference: Sell position is envisaged if price trades below 82.20 with take profit at 81.74. Fundamentals:No Major Fundamental Comment: Oil is continuing to push higher as traders price in a modest economic impact from omicron. The OPEC+ meeting this …
