Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.95 with take profit at 85.12. Bearish Preference: Sell position is envisaged if price trades below 84.44 with take profit at 84.23. Fundamentals:3:30pm USD Crude Oil Inventories. Comment: Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.96 with take profit at 85.15 Bearish Preference: Sell position is envisaged if price trades below 84.52 with take profit at 84.34 Fundamentals:No Major Fundamental Comment: Oil prices climbed on Friday, heading for gains of more than 3% for the week, on increasing signs of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.09 with take profit at 83.36 Bearish Preference: Sell position is envisaged if price trades below 82.52 with take profit at 82.28 Fundamentals:None with high impact on the commodity. Comment: Oil prices lost some froth on the inflation concerns although surging prices for power generation fuel …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.36150 with take profit at 1.36364. Bearish Preference: A Sell position is envisaged if price trades below price 1.35633 with take profit at 1.35476. Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: The pound has brushed off the weak tone that sent the pair plunging in …
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 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 72.07 with take profit at 72.71. Bearish Preference: Sell position is envisaged if price trades below 71.36 with take profit at 70.76. Fundamentals:No Major Fundamental. Comment: Oil prices extended gains on Friday, but remained on track for their biggest weekly decline since March as travel …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.11 with take profit at 71.33. Bearish Preference: Sell position is envisaged if price trades below 70.27 with take profit at 70.06. Fundamentals:None with a high impact on the Commodity Comment: Oil prices declined towards $70 a barrel on Thursday as more countries imposed fresh …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.50. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Both Brent and WTI futures remained above the $70-mark, and prices were almost unchanged as the week draws …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 75.43 with a take profit at price 75.71. Bearish Preference: A Sell position is envisaged if price trades below price 74.98 with take profit at price 74.73 Fundamentals:No major fundamental Comment: Crude oil prices are trading at fresh two-and-half year highs during Monday’s APAC …
