Instrument: EURGBP Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.84940 with take profit at 0.85025. Bearish Preference: A Sell position is envisaged if price trades below price 0.84691 with take profit at 0.84611. Fundamentals:All DAY G20 Meetings Comment: The UK GDP monthly release showed that the economy expanded less-than-expected in August, arriving at 0.4% …
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 74.24 with take profit at 74.39. Bearish Preference: Sell position is envisaged if price trades below 73.51 with take profit at 73.29. Fundamentals: No major fundamental. Comment: Oil prices hit a six-week high on Tuesday on concerns that another storm could affect output in Texas this week even …
Instrument: OIL Technical Analysis Bearish Preference: Sell is envisaged if price trades below 63.52 with take profit at 62.00. Bullish Preference: Buy is envisaged if price trades above 66.20 with take profit at 67.67. Fundamentals:None with major impact Comment: Energy prices has seen a steady increase as demand for energy increased due to the lifting of the lock down in …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 43.79 with take profit at 43.39 Alternative scenario: Buy position is envisaged if price trades above 44.00 with take profit at 44.30 Fundamentals:No fundamental with direct impact on the instrument Comment: The Oil market sold yesterday and the general trend of the instrument seems …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 29.18 with take profit at 30.20 Alternative scenario: Sell position is envisaged if price trades below 28.30 with take profit at 26.97 Fundamentals:No major economic data expected today Comment: The uptick of Oil is due to the expected supply cut that would be implemented by OPEC …
