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Daily Market Analysis 15.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 97.52 with take Profit at 98.14 Bearish Preference: Sell position is envisaged if price trades below 96.29 with take Profit at 95.76 Fundamentals:None with high impact  Comment:Oil prices dropped for a second session on Monday as weak China economic data triggered concerns about demand at the world’s …

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Daily Market Analysis 25.07.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 97.95 with take Profit at 98.70 Bearish Preference: Sell position is envisaged if price trades  below 96.56 with take Profit at 95.78 Fundamentals:No Major Fundamental Comment:Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken …

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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 17.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 120.88 with take profit at 121.12 Bearish Preference: Sell position is envisaged if price trades  below 119.95 with take profit at 119.72 Fundamentals:No major fundamentals Comment: Oil prices edged lower on Friday as demand concerns emerged following this week’s rate hikes, although persisting supply tightness and new …

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Daily Market Analysis 31.05.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 120.42 with take profit at 120.91 Bearish Preference: Sell position is envisaged if price trades  below 118.92 with take profit at 118.48 Fundamentals:No Major Fundamental Comment: EU leaders continue to struggle over an agreement on banning Russian oil imports, while Ukrainian President Volodymyr Zelensky is pushing …

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Daily Market Analysis 31.05.2022: GOLD

Instrument: Gold Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 120.42 with take profit at 120.91 Bearish Preference: Sell position is envisaged if price trades  below 118.92 with take profit at 118.48 Fundamentals:None with high impact on the commodity Comment: EU leaders continue to struggle over an agreement on banning Russian oil imports, while Ukrainian President …

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Daily Market Analysis 30.05.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 117.70 with take profit at 118.93 Bearish Preference: Sell position is envisaged if price trades below 115.22 with take profit at 114.34 Fundamentals:No Major Fundamental Comment: Oil prices climbed above $120 a barrel on Monday, hitting their highest in more than two months, as traders waited to see …

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Daily Market Analysis 08.04.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14346.4 with take profit at 14378.3 Bearish Preference: Sell position is envisaged if price trades below 14259.4 with take profit at 14233.3   Fundamentals:None major fundamentals Comment: European stock markets are expected to open marginally higher Friday, with investors continuing to digest the prospect of tighter monetary policy, …

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Daily Market Analysis 06.04.2022: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 0.76032 with take profit at 0.76249 Bearish Preference: Sell position is envisaged if price trades below 0.75584 with take profit at 0.75414 Fundamentals:7:00pm        USD FOMC Meeting Minutes  Comment: The U.S. dollar strengthened Wednesday on raised expectations of aggressive monetary policy tightening by the Federal Reserve, …

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Daily Market Analysis 05.04.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.09966 with take profit at 1.10144 Bearish Preference: Sell position is envisaged if price trades below  1.09703 with take profit at 1.09544 Fundamentals:3:00pm        USD        ISM Services PMI3:05pm        USD        FOMC Member Brainard Speaks Comment: The U.S. …

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