Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 107.71 with take profit at 108.59 Bearish Preference: Sell position is envisaged if price trades below 105.13 with take profit at 104.46 Fundamentals:1:30pm CAD CPI m/m Comment:Russia held its spot as China’s top oil supplier for a second month in June as Chinese buyers cashed in …
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: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1811.11 with take profit at 1813.44. Bearish Preference: Sell position is envisaged if price trades below 1804.01 with take profit at 1802.07. Fundamentals:No major fundamental. Comment: Gold was down on Wednesday morning in Asia. The dollar strengthened and fears about the recent surge in COVID-19 cases …
