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oil prices

Daily Market Analysis 15.11.2022: OIL

Instrument: OILs+ Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 94.02  with take profit at 94.60 Bearish Preference: Sell position is envisaged if price trades below 92.66 with take profit at 92.24  Fundamentals:2:30pm     CAD    CPI m/m                              CAD    Median CPI …

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Daily Market Analysis 14.11.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 95.50 with take profit at 95.90. Bearish Preference: Sell position is envisaged if price trades below 94.20 with take profit at 93.89. Fundamentals:No high impact fundamental. Comment: Oil prices fell on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed …

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Daily Market Analysis 31.10.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 93.37 with take profit at  93.82 Bearish Preference: Sell position is envisaged if price trades below 92.46 with take profit at 92.12 Fundamentals:None with high impact Comment: Oil prices fell over $1 on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 …

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USDCAD Analysis

Daily Market Analysis 26.10.2022: USDCAD

Instrument: USDCAD+ Technical Analysis Bullish Preference:  Buy position is envisaged if the price trades above 1.35777 with take profit at 1.36102 Bearish Preference: Sell position is envisaged if the price trades below 1.34987 with take profit at 1.34696 Fundamentals:3:00pm     CAD   BOC Monetary Policy                  CAD    BOC Rate Statement     Comment: Oil prices …

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Daily Market Analysis 25.10.2022: OIL

Instrument: OILS+ Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 91.18 with take profit at 91.45 Bearish Preference: Sell position is envisaged if price trades below 90.57 with take profit at 90.27 Fundamentals:No major fundamental Comment: Oil prices rose on Tuesday as the U.S. dollar eased against major peers but gains were limited by worries of slowing global …

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Daily Market Analysis 24.10.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 90.76 with take profit at  91.33 Bearish Preference: Sell position is envisaged if price trades below 89.54 with take profit at 88.99 Fundamentals:None with high impact Comment: Oil prices slid more than 1% on Monday after Chinese data showed that demand from the world’s largest crude importer remained …

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Daily Market Analysis 11.10.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 95.45 with take profit at 95.67 Bearish Preference: Sell position is envisaged if price trades below 94.69 with take profit at 94.46 Fundamentals:No major fundamental Comment: crude oil prices fell about 2.5 percent on Monday, the worst single-day performance since September 26th. This is despite an impressive almost …

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Daily Market Analysis 05.10.2022: OIL

Instrument: OILS+ Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 92.45 with take profit at  93.12 Bearish Preference: Sell position is envisaged if price trades below 91.18 with take profit at 90.55 Fundamentals:No Major fundamental News     Comment: Oil prices were little changed on Wednesday ahead of a meeting of OPEC+ producers to discuss a big cut …

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Daily Market Analysis 04.10.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 89.93 with take profit at 90.14 Bearish Preference: Sell position is envisaged if price trades below 89.17 with take profit at 88.96 Fundamentals:No major fundamental  Comment: Crude oil prices are extending overnight gains, fostered by a softer US Dollar and implications of a possible pullback in global production …

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Daily Market Analysis 26.09.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 85.02 with take profit at  85.52 Bearish Preference: Sell position is envisaged if price trades  below 83.09 with take profit at 82.39 Fundamentals:None with high impact Comment: Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked …

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