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Daily Market Analysis 09.08.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 97.04 with take profit at 97.44 Bearish Preference: Sell position is envisaged if price trades  below 95.35 with take profit at 94.88 Fundamentals:No major fundamental Comment: WTI and Brent crude oil prices are shifting lower through Asia-Pacific trading, with the benchmarks tracking around 0.10% lower following a …

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Daily Market Analysis 31.05.2022: USDCAD

USDCAD Analysis

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.26944 with take profit at  1.27123 Bearish Preference: Sell position is envisaged if price trades  below 1.26288 with take profit at 1.25959 Fundamentals:3 PM CB Consumer Confidence Comment: The Canadian dollar rose to its highest level in more than five-weeks against the greenback on Monday, as …

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