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Daily Market Analysis 08.07.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 106.59 with take Profit at 107.21. Bearish Preference: Sell position is envisaged if price trades below price 103.54 with take Profit at 102.93. Fundamentals:No major fundamentals Comment:Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up …

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Daily Market Analysis 06.07.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 105.99 with Take Profit at 106.90 Bearish Preference: Sell position is envisaged if price trades  below 104.33 with Take Profit at 103.70 Fundamentals:No major fundamental Comment: Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market …

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Daily Market Analysis 05.07.2022: US2000

Instrument: US2000 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1720.4 with Take Profit at 1724.2 Bearish Preference: Sell position is envisaged if price trades below price 1701.9 with take profit at 1696.1 Fundamentals:No Major Fundamental Comment:U.S. stock index futures fell on Tuesday, with investors weighing the possibility of an economic recession as central banks across the …

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Daily Market Analysis 04.07.2022:

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 113.83 with take profit at 114.46 Bearish Preference: Sell position is envisaged if price trades below price 112.94 with take profit at 112.49 Fundamentals:No Major Fundamental Comment:Oil was little changed on Monday as fears of a global recession that would hit demand were balanced by concerns of …

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Daily Market Analysis 29.06.2022: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1829.72 with take profit at 1832.14 Bearish Preference: Sell position is envisaged if price trades  below 1824.58 with take profit at 1822.86 Fundamentals:2:00pm    USD    Fed Chair Powell Speaks Comment: Gold was up on Wednesday morning in Asia, supported by recession concerns as U.S. 10-year Treasury yields …

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Daily Market Analysis 27.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12229.59 with take profit at 12247.63 Bearish Preference: Sell position is envisaged if price trades below price 12117.16 with take profit at 12090.79 Fundamentals:1:30pm    USD Core Durable Goods Orders             Comment:U.S. stock index futures edged higher on Monday, setting up …

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Daily Market Analysis 27.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1841.79 with take profit at 1844.47 Bearish Preference: Sell position is envisaged if price trades  below 1832.15 with take profit at 1829.08 Fundamentals:1:30pm    USD Core Durable Goods Orders             Comment: Gold was up on Monday morning in Asia as some countries from …

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Daily Market Analysis 24.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11878.31 with take profit at  11902.53 Bearish Preference: Sell position is envisaged if price trades below price 11796.91 with take profit at 11777.81 Fundamentals:No major fundamental Comment:The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders dialled down …

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Daily Market Analysis 21.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 116.46 with take profit at 116.96 Bearish Preference: Sell position is envisaged if price trades  below 114.16 with take profit at 113.70 Fundamentals:No Major Fundamental Comment: After a brief hiatus, the oil price rally is back on track. Crude oil closed with its seventh straight weekly gain Oil …

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Daily Market Analysis 06.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12770.33 with take profit at 12800.77 Bearish Preference: Sell position is envisaged if price trades  below 12697.67 with take profit at 12669.19 Fundamentals:No Major Fundamental Comment: U.S. stocks are seen opening higher Monday, on growing confidence that the Federal Reserve can tighten monetary policy sufficiently to deal …

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