Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 74.92 with take profit at price 75.12. Bearish Preference: A sell position is envisaged if price trades below price 74.25 with take profit at price 74.09. Fundamentals: 3:30pm USD Crude Oil Inventories Comment: Oil prices climbed nearly $1 on Wednesday after industry data showed a larger than …
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 67.65 with take profit at 67.94. Bearish Preference: Sell position is envisaged if price trades below 66.20 with take profit at 65.89. Fundamentals:No major Fundamental Comment: Oil prices fell for the sixth day, the longest losing streak since February 2020, as a spike in COVID-19 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.44 with take profit at 70.72. Bearish Preference: Sell position is envisaged if price trades below 69.42 with take profit at 69.13. Fundamentals:No Major Fundamental Comment: Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as the …
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 …
Instrument: Oils Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.70 with take profit at 74.88. Bearish Preference: Sell position is envisaged if price trades below 74.30 with take profit at 74.15. Fundamentals:3:30 pm USD Crude Oil Inventories Comment: Oil was up Wednesday morning in Asia as a strong economic rebound of key consumers boosted fuel demand and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.13 with take profit at 70.32. Bearish Preference: Sell position is envisaged if price trades below 69.12 with take profit at 68.75. Fundamentals:None with high Impact Comment: The black stuff has already risen over 4% so far this week. A record fall in US crude inventories …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1751.08 with take profit at 1754.17. Bearish Preference: Sell position is envisaged if price trades below 1741.98 with take profit at 1736.39. Fundamentals:1:30 Pm USD Core PPI m/m USD PPI m/m3:00 pm USD Final Wholesale Inventories m/m Comment: Gold …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.642 with take profit at 109.742 Bearish Preference: Sell position is envisaged if price trades below 109.136 with take profit at 109.006. Fundamentals:1:30 pm USD Core PPI m/m USD PPI m/m3:00 pm USD Final Wholesale Inventories m/m Comment: The dollar was up …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 63.36 with take profit at 63.77. Bearish Preference: Sell position is envisaged if price trades below 62.30 with take profit at 62.05. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19 vaccinations …
