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Daily Market Analysis 28.06.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 113.26 with take profit at 113.78 Bearish Preference: Sell position is envisaged if price trades below price 111.83 with take profit at 111.49 Fundamentals:3:00PM    US DOLLARS:  Crude Oil Inventories             Comment:Crude oil prices were trading higher through early Asia-Pacific trading on …

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Daily Market Analysis 12/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34162 with take profit at 1.34274. Bearish Preference: Sell position is envisaged if price trades below 1.33758 with take profit at 1.33641. Fundamentals:4pm USD JOLTS Job OpeningsUSD Prelim UoM Consumers Sentiments Comment: The pair found some support near mid-1.3300s and staged a modest rebound from the …

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Daily Market Analysis 28/07/2021:

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15001.64 with take profit at 15027.61. Bearish Preference: Sell position is envisaged if price trades below 14947.90 with take profit at 14920.14. Fundamentals:7:00pm    USD FOMC Statement Comment: Wall Street snapped a five-session winning streak on Tuesday before a policy update from the Federal Reserve, though things …

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