Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 64.86 with take profit at 65.08. Bearish Preference: Sell position is envisaged if price trades below 64.01 with take profit at 63.74. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil was up Wednesday morning in Asia, paring back losses from the previous session ahead of an Organization of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 65.45 with take profit at 65.75. Bearish Preference: Sell position is envisaged if price trades below 64.32 with take profit at 63.63. Fundamentals:No major fundamentals. Comment: Oil was up Tuesday morning in Asia, as attention shifted from a container ship stuck in the Suez Canal to an …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 64.21 with a take profit at price 64.45. Bearish Preference: A Sell position is envisaged if price trades below price 63.00 with take profit at price 62.25. Fundamentals:No major Fundamentals Comment: Crude oil ended slightly lower last week with prices dropping roughly -1% to $60.72/bbl. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 62.69 with take profit at 63.58. Bearish Preference: Sell position is envisaged if price trades below 61.05 with take profit at 60.85. Fundamentals:3:30pm USD Fed Chair Powell Testifies Comment: Oil prices rose more than 1% on Wednesday as investors sought bargains following the previous day’s slump, but the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.30 with take profit at 69.69. Bearish Preference: Sell position is envisaged if price trades below 68.06 with take profit at 67.56. Fundamentals:3:30PM USD Crude Oil Inventories7PM USD FOMC Statement7:30PM USD FOMC Press Conference Comment: Oil prices climbed on Wednesday as investors weighed a recovery …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.26223 with take profit at 1.26520. Bearish Preference: Sell is envisaged if price trades below 1.25585 with take profit at 1.25021. Fundamentals:7:30PM CAD Gov Council Member Schembri Speaks Comment: Crude prices have been buoyant since the Organization of the Petroleum Exporting Countries, Russia and their oil producing …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisage if price trades above 68.55 with take profit at 69.28. Bearish Preference: Sell is envisaged if price trades below 67.75 with take profit at 66.96. Fundamentals:None with high impact on the commodity. Comment: Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.90 with take profit at 68.27. Bearish Preference: Sell position is envisaged if price trades below 66.56 with take profit at 66.05 Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories …
Instrument: OIL Technical Analysis Bearish Preference: A Sell is envisaged if price trades below 67.45 with take profit at 66.71. Bullish Preference: A buy is envisaged if the price trades above 68.71 with take profit at 69.29. Fundamentals:2.30PM – USD Non-Farm Employment Change USD Average Hourly Earnings m/m USD Unemployment Rate …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisage if price trades above 64.92 with take profit at 65.41 Bearish Preference: Sell is envisaged if price trades below 64.21 with take profit at 63.87. Fundamentals:All Day – OPEC-JMMC Meetings Comment: Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing …
