Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 75.68 with take profit at price 75.86. Bearish Preference: A sell position is envisaged if price trades below price 75.09 with take profit at price 74.85. Fundamentals: No major fundamental Comment: Oil and fuel stockpiles dropped sharply last week, as refiners in the U.S. Gulf region and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.51 with take profit at 72.68. Bearish Preference: Sell position is envisaged if price trades below 71.86 with take profit at 71.69. Fundamentals: No major fundamentals Comment: Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.25 with take profit at 72.44. Bearish Preference: Sell position is envisaged if price trades below 71.43 with take profit at 71.25. Fundamentals:No major Fundamentals Comment: Oil prices fell on Tuesday morning as fears grew that Asian demand would not recover as quickly as originally expected. Supply disruptions …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.81 with take profit at 73.02. Bearish Preference: Sell position is envisaged if price trades below 72.18 with take profit at 71.99. Fundamentals: No major Fundamentals Comment: Oil prices were mixed on Tuesday as some investors scooped up bargains following recent losses, while Saudi Arabia’s sharp cuts in …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26434 with take profit at 1.26583. Bearish Preference: Sell position is envisaged if price trades below 1.26027 with take profit at 1.25875. Fundamentals: No major fundamental. Comment: Technically, USD/CAD is currently bouncing around a critical level of support on the technical front. Firstly, the key level …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.65 with take profit at 67.94. Bearish Preference: Sell position is envisaged if price trades below 66.20 with take profit at 65.89. Fundamentals:No major Fundamental Comment: Oil prices fell for the sixth day, the longest losing streak since February 2020, as a spike in COVID-19 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.12 with take profit at 70.27. Bearish Preference: Sell position is envisaged if price trades below 69.68 with take profit at 69.56. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil was up Wednesday morning in Asia, even as it recorded a fifth day of declines. The fuel …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.76 with take profit at 71.99. Bearish Preference: Sell position is envisaged if price trades below 70.90 with take profit at 70.63. Fundamentals:No major fundamental Comment: Oil prices were steady on Thursday following two days of gains after a call from the United States, the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.40 with take profit at 70.59. Bearish Preference: Sell position is envisaged if price trades below 69.36 with take profit at 69.16. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil fell below $70 a barrel on Wednesday, pressured by a CNBC report that the White House will call …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.44 with take profit at 70.72. Bearish Preference: Sell position is envisaged if price trades below 69.42 with take profit at 69.13. Fundamentals:No Major Fundamental Comment: Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as the …
