Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.08 with take profit at 71.28. Bearish Preference: Sell position is envisaged if price trades below 69.88 with take profit at 69.68. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Crude oil prices followed risk assets higher, shaking off the first weekly rise in U.S. crude oil …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25534 with take profit at 1.25724. Bearish Preference: Sell position is envisaged if price trades below 1.25134 with take profit at 1.24982. Fundamentals:1:30 PM USD Unemployment Claims Philly Fed …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 76.74 with take profit at 76.96. Bearish Preference: Sell position is envisaged if price trades below 76.07 with take profit at 75.92. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices steadied after data showed that China’s first-half crude imports dropped 3% from January to June versus …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.21 with take profit at 71.47. Bearish Preference: Sell position is envisaged if price trades below 70.59 with take profit at 70.36. Fundamentals:No major fundamental Comment: Investor worries were heightened by trade data from China, the world’s top oil importer, released on Monday. Imports grew 51.1% …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 69.75 with a take profit at price 70.05. Bearish Preference: A Sell position is envisaged if price trades below 68.85 with take profit at 68.63 Fundamentals:No major fundamental. Comment: Crude oil prices traded slightly higher during the Asia-Pacific mid-day session after registering a 4.3% gain last …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.36 with take profit at 68.64. Bearish Preference: Sell position is envisaged if price trades below 67.91 with take profit at 67.63. Fundamentals:No major fundamental Comment: Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.85 with take profit at 68.06. Bearish Preference: Sell position is envisaged if price trades below 66.93 with take profit at 66.68. Fundamentals:No major fundamental Comment: Crude oil prices faced notable selling pressure as commodity traders sank WTI -2.5% and Brent -3.1%. In addition to market sentiment …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21185 with take profit at 1.21317. Bearish Preference: Sell position is envisaged if price trades below 1.20973 with take profit at 1.20852. Fundamentals:1:30pm USD Philly Fed Manufacturing Index Unemployment Claims1:30pm USD Unemployment Claims1:30pm CAD ADP Non-Farm Employment Change NHPI m/m4:00pm CAD BOC Gov Macklem Speaks …
Instrument: OILs Technical Analysis Bullish Preference: Buy is envisage if price trades above 68.60 with take profit at 68.76. Bearish Preference: Sell is envisaged if price trades below 68.06 with take profit at 67.88. Fundamentals:None with high impact Comment: The demand for crude is outpacing supply, the International Energy Agency (IEA) said in its monthly report released on Wednesday. The …
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 …
