Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 128.28 with take profit at 130.42 . Bearish Preference: Sell position is envisaged if price trades below 123.01 with take profit at 121.03 Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil has slipped lower than $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13369.9 with take profit at 13459.2. Bearish Preference: Sell position is envisaged if price trades below 13115.8 with take profit at 13019.7. Fundamentals:No major Fundamental Comment: Plummeting stocks, soaring commodity prices, and tightening global financial conditions following Russia’s invasion of Ukraine are clouding the outlook for markets …
Instrument: AUDUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.73132 with take profit at 0.73267. Bearish Preference: A Sell position is envisaged if price trades below 0.72876 with take profit at 0.72748 Fundamentals:4:00pm USD JOLTS Job Openings Comment: The U.S. dollar edged lower Wednesday, while the Kiwi saw some support ahead of this week’s emergency EU …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 128.62 with take profit at 129.68. Bearish Preference: Sell position is envisaged if price trades below 125.21 with take profit at 124.39. Fundamentals:No major Fundamental Comment: President Joe Biden’s administration is willing to move ahead with a U.S. ban on Russian oil imports even if European allies …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13503.16 with take profit at 13585.95. Bearish Preference: A Sell position is envisaged if price trades below 13222.27 with take profit at 13153.89 Fundamentals:No major Fundamental Comment: World stocks held at a one-year low on Tuesday, while gold climbed above the key $2,000 level, as the prospect …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 2028.08 with take profit at 2035.25. Bearish Preference: Sell position is envisaged if price trades below 2009.34 with take profit at 2002.45. Fundamentals:No major Fundamental Comment: Gold prices are attempting to mark a sixth-consecutive weekly advance with a breakout in XAU/USD surging more than 12.4% off the …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 115.469 with take profit at 115.553. Bearish Preference: A Sell position is envisaged if price trades below 115.339 with take profit at 115.253. Fundamentals:No major Fundamental Comment: The Japanese Yen may get a boost if market-wide risk aversion grips investors amid turbulence in the US$3 trillion leveraged …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27200 with take profit at 1.27375. Bearish Preference: A Sell position is envisaged if price trades below 1.27016 with take profit at 1.26845. Fundamentals:No major Fundamental Comment: Against the backdrop of eroding fundamentals, markets become increasingly sensitive to political risks as their capacity for inducing market-wide volatility …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33125 with take profit at 33189 . Bearish Preference: Sell position is envisaged if price trades below 33018 with take profit at 32927. Fundamentals:No major Fundamental Comment: Global stocks markets were roiled as Russia’s attack on Ukraine prolonged for over a week. European markets were particularly damaged,Nasdaq …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1991.46 with take profit at 1995.03. Bearish Preference: A Sell position is envisaged if price trades below 1970.87 with take profit at 1964.34. Fundamentals:No major Fundamental Comment: Gold made an 18-month high as markets reeled on Monday. The implications of a US ban on Russian oil imports …
