Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.41 with take profit at 71.71. Bearish Preference: Sell position is envisaged if price trades below 70.09 with take profit at 69.70. Fundamentals: No fundamental in direct bearing to this commodity Comment: Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.31 with take profit at 81.55. Bearish Preference: Sell position is envisaged if price trades below 80.57 with take profit at 80.28. Fundamentals:None with high impact on the commodity. Comment: Oil prices edged down on Thursday with investors waiting to see how major producers respond …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.88 with take profit at 82.18. Bearish Preference: Sell position is envisaged if price trades below 80.96 with take profit at 80.67. Fundamentals:4:30pm USD Crude Oil Inventories. Comment: Oil prices rose to a one-week high on Tuesday after a move by the United States and …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24325 with take profit at 1.24451. Bearish Preference: Sell position is envisaged if price trades below 1.24016 with take profit at 1.23885. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI7:00pm USD FOMC Statement7:30pm USD FOMC Press Conference Comment: Although it’s the Fed’s outlook on …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15584.8 with take profit at 15612.9. Bearish Preference: Sell position is envisaged if price trades below 15529.3 with take profit at 15506.7. Fundamentals:10:00 am EUR ZEW Economic Sentiment EUR German ZEW Economic Sentiment Comment: European stock markets edged lower Monday, with investors keeping a wary eye on the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.65 with take profit at 69.80. Bearish Preference: Sell position is envisaged if price trades below 69.15 with take profit at 69.01. Fundamentals:3:30 pm USD Crude Oil Inventories Comment: Oil markets maintained their wait-and-see approach to the noise and tail-chasing seen elsewhere overnight. The Colonial pipeline cyberattack …
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 …
