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Daily Market Analysis 29.11.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11700.79 with take profit at 11712.09 Bearish Preference: Sell position is envisaged if price trades below 11659.67 with take profit at  11647.79 Fundamentals:4pm USD  CB Consumer Confidence Comment: Shares of Apple Inc fell 1.4% on Monday as growing worker unrest at the world’s biggest iPhone factory in China fanned …

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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 05.09.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 95.84 with take profit at  96.23 Bearish Preference: A Sell position is envisaged if price trades below price 94.82 with take profit at 94.34 Fundamentals:All Day    All OPEC-JMMC Meetings   Comment: Oil prices rose more than $2 a barrel on Monday, extending gains as …

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Daily Market Analysis 23.08.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 98.40 with take profit at 99.11 Bearish Preference: A Sell position is envisaged if price trades below price 96.42 with take profit at 95.87 Fundamentals:None with high impact Comment: Crude oil tried to go lower to start this week after speculation swirled that a US-Iran deal could …

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Daily Market Analysis 16.08.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 95.46 with take profit at 96.05 Bearish Preference: Sell position is envisaged if price trades below 93.52 with take profit at 93.04 Fundamentals:No major fundamental Comment: Brent crude oil prices plunged lower to start the week after traders digested the downbeat US and Chinese economic data. In Asia, …

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Daily Market Analysis 07.06.2022: OIL

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 …

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Daily Market Analysis 17.05.2022: OIL

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 …

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Daily Market Analysis 01.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34417 with take profit at 1.34696 . Bearish Preference: Sell position is envisaged if price trades below 1.34026 with take profit at 1.33793. Fundamentals:10:00am         USD        ISM Manufacturing PMI1:30pm                GBP       …

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Daily Market Analysis 28.01.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 88.94 with take profit at 89.22 . Bearish Preference: Sell position is envisaged if price trades below 88.36 with take profit at 87.99. Fundamentals:No major fundamental Comment: Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue …

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Daily Market Analysis 17/11/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.93 with take profit at 82.13. Bearish Preference: Sell position is envisaged if price trades below 81.49 with take profit at 81.33. Fundamentals:4:30pm Crude Oil Inventories Comment: Crude oil prices are on track to drop nearly 2% this week as US production ramps up. The weak price action comes …

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