Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.83 with take profit at 84.02 Bearish Preference: Sell position is envisaged if price trades below 83.43 with take profit at 83.24 Fundamentals:No Major Fundamental Comment: Crude oil continued higher today as the reality of OPEC+ not adding to production output seems to be sinking …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.63 with take profit at 83.86 Bearish Preference: Sell position is envisaged if price trades below 82.87 with take profit at 82.68 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.28 with take profit at 84.46. Bearish Preference: Sell position is envisaged if price trades below 83.01 with take profit at 82.78. Fundamentals:No Major Fundamental Comment: Crude prices edged lower Friday, continuing the previous session’s selling after Russian President Vladimir Putin indicated that a group …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.73 with take profit at 86.10. Bearish Preference: Sell position is envisaged if price trades below 84.93 with take profit at 84.65 Fundamentals:No major fundamental Comment: Oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 pandemic, boosted by more …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.24708 with take profit at 1.24876. Bearish Preference: A Sell position is envisaged if price trades below price 1.24375 with take profit at 1.24172. Fundamentals:3:00pm USD JOLTS Job Openings4:15pm USD FOMC Member Clarida Speaks6:01pm USD 10-y Bond Auction Comment: The USD/CAD pair spent the Asian …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.57 with take profit at 82.96 Bearish Preference: Sell position is envisaged if price trades below 81.53 with take profit at 81.25 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+’s refusal to ramp …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.26060 with take profit at 1.26178. Bearish Preference: A Sell position is envisaged if price trades below price 1.25756 with take profit at 1.25636. Fundamentals:3:00pm USD ISM Services PMI6:15pm USD FOMC Member Quarles Speaks Comment: The pair struggled to capitalize on its early positive move and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 78.59 with take profit at 78.79 Bearish Preference: Sell position is envisaged if price trades below 77.20 with take profit at 76.95 Fundamentals:No Major Fundamental Comment: Oil fell below $78 a barrel on Friday on the prospect that OPEC+ producers might step up a planned …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 77.07 with take profit at 77.20. Bearish Preference: Sell position is envisaged if price trades below 76.32 with take profit at 76.17. Fundamentals: No Major Fundamental Comment: Oil was up Friday morning in Asia, rising for a fourth day with the focus on tighter supplies and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.22 with take profit at 75.39. Bearish Preference: Sell position is envisaged if price trades below 74.72 with take profit at 74.60. Fundamentals: No Major Fundamental Comment: Crude oil prices fell slightly after the Energy Information Administration reported yet another inventory draw, of 3.5 million barrels, …
