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 …
Instrument: EURCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35917 with take profit at 1.36107 Bearish Preference: Sell position is envisaged if price trades below 1.35405 with take profit at 1.35182 Fundamentals:12:00pm EUR President Lagarde Speaks3:00pm CAD BOC Rate Statement CAD Overnight Rate Comment: European equities are set to start the month of June on …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 12559.38 with take profit at 12586.13 Bearish Preference: Sell position is envisaged if price trades below 12461.38 with take profit at 12438.36 Fundamentals:Core Retail Sales m/m 1:30 PMRetail Sales m/m 1:30 PMFed Chair Powell Speaks 7:00 PM Comment: The …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27668 with take profit at 1.27817 Bearish Preference: Sell position is envisaged if price trades below 1.27122 with take profit at 1.26976 Fundamentals:No major fundamental Comment: USD/CAD remains pressured around a one-week low, despite being defensive around 1.2700 ahead of Thursday’s European session. In doing so, the Loonie pair stays …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 107.74 with take profit at 108.27 Bearish Preference: Sell position is envisaged if price trades below 105.98 with take profit at 105.72 Fundamentals:No major fundamemtal Comment: Oil prices are pacing higher on Tuesday through Asia-Pacific trading as energy prices extend gains from April amid supply concerns stemming from Russian …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 105.88 with take profit at 106.57 Bearish Preference: Sell position is envisaged if price trades below 103.91 with take profit at 103.33 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices edged up on Wednesday after Moscow said peace talks with Ukraine had hit a dead …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 101.00 with take profit at 101.41 Bearish Preference: Sell position is envisaged if price trades below 99.66 with take profit at 99.25 Fundamentals:No major Fundamental. Comment: Oil prices climbed on Tuesday on easing concerns about demand in China after Shanghai relaxed some COVID-19-related restrictions and OPEC warned …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 101.45 with take profit at 102.35 Bearish Preference: Sell position is envisaged if price trades below 99.61 with take profit at 98.84 Fundamentals:No major Fundamental. Comment: The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24976 with take profit at 1.25018 Bearish Preference: Sell position is envisaged if price trades below 1.24896 with take profit at 1.24800 Fundamentals:No major Fundamental. Comment: Amid heightened geopolitical and fundamental risks, the safe-haven appeal of the US Dollar and the hawkish rhetoric of the Federal Reserve …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 106.27 with take profit at 107.12 Bearish Preference: Sell position is envisaged if price trades below 104.43 with take profit at 103.95 Fundamentals:No major Fundamental. Comment: Oil traded below $105 on Friday after Biden announced the largest-ever supply release from US emergency reserves. Technically, the trend bias …
