Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 96.38 with take profit at 96.79. Bearish Preference: A Sell position is envisaged if price trades below price 94.95 with take profit at 94.50. Fundamentals:None with high impact Comment: Oil prices slipped on Friday after two days of gains, as market participants weighed worries about …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28820 with take profit at 1.28973 Bearish Preference: Sell position is envisaged if price trades below 1.28542 with take profit at 1.28412 Fundamentals:No major fundamental Comment: The USD/CAD pair regains some positive traction on Tuesday and reverses a part of the previous day’s sharp decline. The pair …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 101.41 with take profit at 101.92 Bearish Preference: Sell position is envisaged if price trades below 98.29 with take profit at 97.63 Fundamentals:All Day OPEC-JMMC Meetings Comment:Oil prices dipped on Wednesday ahead of a meeting of OPEC+ producers at which producers are expected to keep output …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 97.95 with take Profit at 98.70 Bearish Preference: Sell position is envisaged if price trades below 96.56 with take Profit at 95.78 Fundamentals:No Major Fundamental Comment:Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken …
Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.20 with take profit at 114.01 Bearish Preference: Sell position is envisaged if price trades below price 111.77 with take profit at 110.66 Fundamentals:All Day OPEC Meetings Comment:Oil dips as market weighs supply concerns, fuel stocks build. Oil prices edged lower in volatile trading on Thursday …
Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 123.63 with take profit at 123.86 Bearish Preference: Sell position is envisaged if price trades below 122.63 with take profit at 122.26 Fundamentals:NO MAJOR FUNDAMENTALS Comment: After a brief hiatus, the oil price rally is back on track. Crude oil closed with its seventh straight weekly gain …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 111.64 with take profit at 112.11 Bearish Preference: Sell position is envisaged if price trades below 110.10 with take profit at 109.68 Fundamentals:No Major Fundamental Comment: Oil prices gained on Monday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, as Shanghai …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 102.66 with take profit at 103.11 Bearish Preference: Sell position is envisaged if price trades below 101.67 with take profit at 101.07 Fundamentals:No major Fundamental. Comment: Oil prices slumped to about two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1943.79 with a take profit at 1950.00. Bearish Preference: Sell position is envisaged if price trades below 1930.34 with a take profit at 1924.39. Fundamentals:No major Fundamental Comment: The price of gold appears to have reversed ahead of the 50-Day SMA ($1888) as it extends the advance from …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 104.38 take profit at 105.94. Bearish Preference: Sell position is envisaged if price trades below 101.60 take profit at 99.93. Fundamentals:No Major Fundamental Comment: Oil prices climbed 4% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of Russian oil and …
