Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.36 with take profit at 111.26 Bearish Preference: Sell position is envisaged if price trades below price 108.37 with take profit at 107.39 Fundamentals:Tentative USD Crude Oil Inventories Comment:Oil prices edged down on Monday in a volatile session as investors …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 120.83 with take profit at 121.22 Bearish Preference: Sell position is envisaged if price trades below 119.45 with take profit at 119.04 Fundamentals:No Major Fundamental Comment: Crude oil prices have sustained their recent move higher following news that OPEC+ would increase oil production in July and August …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 121.75 with take profit at 123.17 Bearish Preference: Sell position is envisaged if price trades below price 19.40 with take profit at 118.63 Fundamentals: No Major Fundamental Comment:Oil prices hit $120 a barrel on Monday after Saudi Arabia raised crude prices for July and amid …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 115.43 with take profit at 115.84 Bearish Preference: Sell position is envisaged if price trades below 113.11 with take profit at 112.70 Fundamentals:No Major Fundamental Comment: The price of oil climbs to a fresh monthly high ($114.69) even as the Organization of Petroleum Exporting Countries (OPEC) warns …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 112.39 with take profit at 112.83 Bearish Preference: Sell position is envisaged if price trades below 110.44 with take profit at 110.09 Fundamentals:All Day- OPEC-JMMC Meetings Comment: Five OPEC+ delegates said the group was set to agree to increase its June output target by 432,000 barrels per …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 101.00 with take profit at 101.41 Bearish Preference: Sell position is envisaged if price trades below 99.66 with take profit at 99.25 Fundamentals:No major Fundamental. Comment: Oil prices climbed on Tuesday on easing concerns about demand in China after Shanghai relaxed some COVID-19-related restrictions and OPEC warned …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.68 with a take profit at 114.15. Bearish Preference: Sell position is envisaged if price trades below 112.53 with a take profit at 112.14. Fundamentals:No Major Fundamental Comment: Volatility in energy markets is a feature of current trading conditions and likely won’t dissipate anytime soon. Having already …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.00 with take profit at 109.49. Bearish Preference: Sell position is envisaged if price trades below 106.73 with take profit at 105.81. Fundamentals:No Major Fundamental Comment: The Crude oil outlook remains obscured behind an opaque fundamental backdrop with headlines and positioning driving unhinged price moves. Sanctions on …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.10125 with take profit at 1.10337. Bearish Preference: Sell position is envisaged if price trades below 1.09912 with take profit at 1.09685. Fundamentals:1:30pm USD PPI m/m Comment: The pair’s latest run-up could be linked to the US dollar’s pullback amid hopes of overcoming the Ukraine-Russia …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 89.40 with take profit at 89.73 . Bearish Preference: Sell position is envisaged if price trades below 88.59 with take profit at 88.24. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil prices climbed on Wednesday toward last week’s seven-year highs as a draw in U.S. crude stocks …
