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 85.29 with take profit at 85.61. Bearish Preference: Sell position is envisaged if price trades below 83.83 with take profit at 83.35. Fundamentals:No major fundamental Comment: Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.11 with take profit at 83.36 Bearish Preference: Sell position is envisaged if price trades below 82.34 with take profit at 82.13 Fundamentals:No major fundamental Comment: Crude prices edged higher Thursday, rebounding after the previous session’s losses on concerns the sharp rise in U.S. inflation, boosted …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.22 with take profit at 75.39. Bearish Preference: Sell position is envisaged if price trades below 74.72 with take profit at 74.60. Fundamentals: No Major Fundamental Comment: Crude oil prices fell slightly after the Energy Information Administration reported yet another inventory draw, of 3.5 million barrels, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36947 with take profit at 1.37130. Bearish Preference: Sell position is envisaged if price trades below 1.36675 with take profit at 1.36483. Fundamentals: No Major Fundamentals Comment: The safe-haven dollar is taking a breather from gains as investors seem less fearful about the fate of …
Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 75.68 with take profit at price 75.86. Bearish Preference: A sell position is envisaged if price trades below price 75.09 with take profit at price 74.85. Fundamentals: No major fundamental Comment: Oil and fuel stockpiles dropped sharply last week, as refiners in the U.S. Gulf region and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.71 with take profit at 72.83. Bearish Preference: Sell position is envisaged if price trades below 72.35 with take profit at 72.23. Fundamentals:USD 4:00PM Crude Oil Inventories Comment: U.S. production is struggling to recover from Hurricane Ida, “Extensive damage to infrastructure and power outages mean Ida has knocked …
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 …
