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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 09.03.2022: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 0.73132 with take profit at 0.73267. Bearish Preference: A Sell position is envisaged if price trades below 0.72876 with take profit at 0.72748 Fundamentals:4:00pm USD JOLTS Job Openings  Comment: The U.S. dollar edged lower Wednesday, while the Kiwi saw some support ahead of this week’s emergency EU …

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Daily Market Analysis 21.02.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1893.66 with take profit at 1898.47 Bearish Preference: Sell position is envisaged if price trades below 1884.50 with take profit at 1880.23. Fundamentals:No major Fundamental. Comment: Gold prices pulled back to $1,892 from an eight-month high of $1,908 during Monday’s APAC mid-day trading session after French …

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