Instrument: OIL Technical Analysis Bullish Preference: Buy is envisage if price trades above 64.92 with take profit at 65.41 Bearish Preference: Sell is envisaged if price trades below 64.21 with take profit at 63.87. Fundamentals:All Day – OPEC-JMMC Meetings Comment: Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing …
Instrument: OIL Technical Analysis Bearish Preference: Sell is envisage if price trades below 63.65 with take profit at 62.25. Bullish Preference: Buy is envisaged if price trades above 64.19 with take profit at 64.55. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil prices rose on Wednesday, boosted by expectations that OPEC+ producers might decide against increasing output when they meet this …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1800.99 with take profit at 1793.06. Bullish Preference: Buy is envisaged if price trades above 1816.61 with take profit at 1824.76. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: Gold was up on Wednesday morning in Asia, close to a one-week high reached during the previous session, due …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.21442 and take profit at 1.21242 Bullish Preference: Buy if price trades above 1.21713 and take profit at 1.21814 Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: The US dollar languished near six-week lows amid doubts about a relatively faster US economic recovery and was seen as one of the …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.20210 with take Profit at 1.19706 Bullish Preference: Buy if price trades above 1.20569 with take Profit at 1.20789 Fundamentals:No major fundamental Comment: Strong U.S. retail sales, new signs the Federal Reserve will maintain its accommodative stance, and an ongoing push for further U.S. stimulus have bolstered economic optimism, but …
Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 31504 with take profit at 31550 Bearish Preference: Sell is envisaged if price trades below 31432 with take profit at 31376 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m Comment: The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1862.70 with take profit at 1871.42. Bearish Preference: Sell is envisaged if price trades below 1856.40 with take profit at 1847.60. Fundamentals:No Major Fundamentals. Comment: Gold was down early hours on Tuesday morning, declining slightly as a firmer dollar and high Treasury yields outweighed U.S. political uncertainty …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13968.90 with take profit at 13982.50. Bearish Preference: Sell is envisaged if price trades below 13983.80 with take profit at 13933.80. Fundamentals:No Major Fundamentals Comment: Germany reported an increase in coronavirus cases even as most of Europe was under the strictest restrictions, worldwide coronavirus cases surpassed …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13707.25 with take profit at 13717.50. Bearish Preference: Sell is envisaged if price trades below 13642.15 with take profit at 13623.10. Fundamentals:No Major Fundamentals Comment: Germany stocks were mixed after the close on Monday the first trading day of the new year, as gains in the Retail, …
Instrument: Oil Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 50.56 with a take profit 50.96. Bearish Preference: Enter a Sell position if price trades below 50.04 with take profit at 49.60 Fundamentals:no major economic data with direct bearing to this commodity. Comment: Oil has been caught in a string of bad news, as top traders …
