Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.68 with a take profit at 114.15. Bearish Preference: Sell position is envisaged if price trades below 112.53 with a take profit at 112.14. Fundamentals:No Major Fundamental Comment: Volatility in energy markets is a feature of current trading conditions and likely won’t dissipate anytime soon. Having already …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.00 with take profit at 109.49. Bearish Preference: Sell position is envisaged if price trades below 106.73 with take profit at 105.81. Fundamentals:No Major Fundamental Comment: The Crude oil outlook remains obscured behind an opaque fundamental backdrop with headlines and positioning driving unhinged price moves. Sanctions on …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.10125 with take profit at 1.10337. Bearish Preference: Sell position is envisaged if price trades below 1.09912 with take profit at 1.09685. Fundamentals:1:30pm USD PPI m/m Comment: The pair’s latest run-up could be linked to the US dollar’s pullback amid hopes of overcoming the Ukraine-Russia …
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: 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 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 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 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 76.88 with take profit at 77.17. Bearish Preference: Sell position is envisaged if price trades below 75.88 with take profit at 75.60. Fundamentals:No Major Fundamental Comment: Brent crude futures snapped a three-day rally on Friday in light trade, with many investors away for the holidays, …
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 …
