Instrument: OIL Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 98.40 with take profit at 99.11 Bearish Preference: A Sell position is envisaged if price trades below price 96.42 with take profit at 95.87 Fundamentals:None with high impact Comment: Crude oil tried to go lower to start this week after speculation swirled that a US-Iran deal could …
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 …
Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1777.72 with take profit at 1780.32. Bearish Preference: Sell position is envisaged if price trades below 1765.21 with take profit at 1762.38. Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate4:00pm USD ISM Services PMI Comment: With virus nerves subsiding and the Fed-taper stronger US dollar …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1746.64 with a take profit at price 1751.52. Bearish Preference: A Sell position is envisaged if price trades below price 1736.53 with take profit at price 1732.05. Fundamentals:No major Fundamental Comment: Gold was down on Friday morning in Asia but was hovering close to …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1751.08 with take profit at 1754.17. Bearish Preference: Sell position is envisaged if price trades below 1741.98 with take profit at 1736.39. Fundamentals:1:30 Pm USD Core PPI m/m USD PPI m/m3:00 pm USD Final Wholesale Inventories m/m Comment: Gold …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1728.95 with take profit at 1720.14. Bullish Preference: Buy is envisaged if price trades above 1741.54 with take profit at 1750.36. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: Gold inched down on Wednesday morning in Asia, with U.S. Treasury yields continued their fall and put pressure …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1945.50 with take profit at 1961.40. Bearish Preference: Sell is envisaged if price trades below 1935.89 with take profit at 1924.37. Fundamentals:ISM Manufacturing PMI (USD) 4 PM Comment: Gold went slightly down on Tuesday morning, with investors eagerly waiting the results of a runoff election in …
Instrument: OIL Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 46.55 with take profit at 46.94 Alternative scenario: Sell position is envisaged if price trades below 46.22 with take profit at 45.65 Fundamentals:No major economic data with bearing on the commodity Comment: Black gold shrugged off the impact of the Hurricane of Friday and …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 42.65 with take profit at 41.91. Alternative scenario: Buy position is envisaged if price trades above 43.13 with take profit at 43.54. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Black gold gaped down on opening this week as expectations of …
