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: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 120.42 with take profit at 120.91 Bearish Preference: Sell position is envisaged if price trades below 118.92 with take profit at 118.48 Fundamentals:No Major Fundamental Comment: EU leaders continue to struggle over an agreement on banning Russian oil imports, while Ukrainian President Volodymyr Zelensky is pushing …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.73 with take profit at 111.03 Bearish Preference: Sell position is envisaged if price trades below 109.53 with take profit at 109.12 Fundamentals:No Major Fundamental Comment: Oil prices fell on Monday as widespread lockdowns in China and weak economic data in the country fuelled fears of a …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.68 with a take profit at 114.15. Bearish Preference: Sell position is envisaged if price trades below 112.53 with a take profit at 112.14. Fundamentals:No Major Fundamental Comment: Volatility in energy markets is a feature of current trading conditions and likely won’t dissipate anytime soon. Having already …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13503.16 with take profit at 13585.95. Bearish Preference: A Sell position is envisaged if price trades below 13222.27 with take profit at 13153.89 Fundamentals:No major Fundamental Comment: World stocks held at a one-year low on Tuesday, while gold climbed above the key $2,000 level, as the prospect …
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 …
