Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.25 with take profit at 74.45. Bearish Preference: Sell position is envisaged if price trades below 73.67 with take profit at 73.45. Fundamentals: No Major Fundamentals Comment: Surging energy prices in Europe are hurting more than just consumers. The price spikes have started to hit industrial activities, threatening to …
Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 75.68 with take profit at price 75.86. Bearish Preference: A sell position is envisaged if price trades below price 75.09 with take profit at price 74.85. Fundamentals: No major fundamental Comment: Oil and fuel stockpiles dropped sharply last week, as refiners in the U.S. Gulf region and …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18192 with take profit at 1.18287. Bearish Preference: Sell position is envisaged if price trades below 1.17888 with take profit at 1.17784. Fundamentals: None with High Impact on the Pair Comment: The dollar drifted in tight trading ranges Wednesday, with the recent release of soft U.S. inflation data …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.52 with take profit at 71.81. Bearish Preference: Sell position is envisaged if price trades below 70.92 with take profit at 70.32. Fundamentals: No major fundamental Comment: Oil prices rose on Friday, on track to post big gains for the week, on worries about supply disruptions …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.01 with take profit at 71.19. Bearish Preference: Sell position is envisaged if price trades below 70.18 with take profit at 70.01. Fundamentals:No major fundamental Comment: The U.S. Energy Information Administration (EIA) reported that American crude inventories fell last week for a third consecutive week and overall fuel demand …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.97 with take profit at 70.25. Bearish Preference: Sell position is envisaged if price trades below 68.45 with take profit at 68.13. Fundamentals:No major fundamental. Comment: Crude oil prices extended lower during Monday’s APAC mid-day session, marking a three-day decline of 2.35%. The release of poorer-than-expected …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 35023 with take profit at 35055. Bearish Preference: Sell position is envisaged if price trades below 34931 with take profit at 34900. Fundamentals:No Major Fundamental Comment: The Dow jones started the week with a dip as fuel demand worries during a resurgent pandemic sent energy stocks lower but …
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 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
