Instrument: OILs Technical Analysis Bullish Preference: Buy is envisage if price trades above 69.39 with take profit at 69.57. Bearish Preference: Sell is envisaged if price trades below 68.78 with take profit at 68.57. Fundamentals:None with high Impact Comment: Crude oil supply data from the U.S. Energy Information Administration (EIA) showed a draw of 7.990 million barrels for the week to …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.13 with take profit at 70.32. Bearish Preference: Sell position is envisaged if price trades below 69.12 with take profit at 68.75. Fundamentals:None with high Impact Comment: The black stuff has already risen over 4% so far this week. A record fall in US crude inventories …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20217 with take profit at 1.20404. Bearish Preference: Sell position is envisaged if price trades below 1.19812 with take profit at 1.19608. Fundamentals:No Major fundamentals Comment: Confidence is growing throughout Europe over its recovery from the pandemic as the rate of vaccination in EU member …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.83 with take profit at 68.09. Bearish Preference: Sell position is envisaged if price trades below 67.20 with take profit at 66.97. Fundamentals:None with high Impact Comment: Oil inched up early Tuesday morning in Asia as investors remained optimistic the continued economic recovery in regions such …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13794.68 with take profit at 13816.42. Bearish Preference: Sell position is envisaged if price trades below13707.64 with take profit at 13689.63. Fundamentals:No Major fundamentals Comment: Asian share markets were mostly positive Tuesday as investors looked to signs of recovery from the coronavirus pandemic as major …
Instrument: OILs Technical Analysis Bullish Preference: A buy is envisaged if price trades above 67.15 with take profit at 67.41. Bearish Preference: A sell is envisaged if price trades below 66.23 with take profit at 65.93. Fundamentals:None with high Impact Comment: Oil futures pulled back Friday, with weakness tied to worries over the global economic outlook, but remained on track …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy is envisaged if price trades above 1.22988 with take profit at 1.23099. Bearish Preference: A sell is envisaged if price trades below 1.22632 with take profit at 1.22512. Fundamentals:1:30pm CAD GDP m/m Comment: The Canadian dollar surged by the most since June 2020 against its U.S. counterpart on Wednesday, April …
Technical Analysis Bullish Preference: Buy is envisage if price trades above 1779.55 with take profit at 1782.96. Bearish Preference: Sell is envisaged if price trades below 1771.17 with take profit at 1768.68. Fundamentals:USD 1:30PM Advance GDP q/q Advance GDP Price Index q/q …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.39040 with take profit at price 1.39238. Bearish Preference: A sell position is envisaged if price trades below price 1.38677 with take profit at price 1.38372. Fundamentals:No major fundamental. Comment: The daily chart shows that the medium-term supportive GBP/USD trendline remains in place …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1732.69 with take profit at 1735.02. Bearish Preference: Sell position is envisaged if price trades below 1724.08 with take profit at 1721.95. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: Everything now rests with this evening’s US inflation …
