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Daily Market Analysis 26.10.2022: OIL

Instrument: OILS+ Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 91.35 with take profit at 91.73 Bearish Preference: Sell position is envisaged if price trades below 90.21 with take profit at 89.85 Fundamentals:3:00pm     CAD   BOC Monetary Policy                  CAD    BOC Rate Statement     Comment: U.S. crude inventories rose …

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Daily Market Analysis 27.07.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 100.42 with take profit at  1.00.89 Bearish Preference: Sell position is envisaged if price trades  below 98,94 with take profit at 98.45 Fundamentals:No Major Fundamental   Comment: Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in …

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Daily Market Analysis 03/11/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.63 with take profit at 83.86 Bearish Preference: Sell position is envisaged if price trades below 82.87 with take profit at 82.68 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and …

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Daily Market Analysis 27/10/2021: OIL

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 …

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Daily Market Analysis 15/10/2021: OIL

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 …

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Daily Market Analysis 22/09/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.81 with take profit at 74.96. Bearish Preference: Sell position is envisaged if price trades below 74.18 with take profit at 73.93. Fundamentals: 3:30pm USD Crude Oil Inventories Comment: Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. …

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Daily Market Analysis 02/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13659.00 with take profit at 13672.76. Bearish Preference: Sell position is envisaged if price trades below 13622.12 with take profit at 13600.85. Fundamentals:No Major Fundamentals Comment: U.S. stock futures were muted again overnight following a flat session for Wall Street on Tuesday. Investors will be …

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Daily Market Analysis 26|05|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.58 with take profit at 68.85. Bearish Preference: Sell position is envisaged if price trades below 67.63 with take profit at 67.39. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil traded in a narrow range early today, supported by optimism about improving U.S. fuel demand and a …

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