Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 89.40 with take profit at 89.73 . Bearish Preference: Sell position is envisaged if price trades below 88.59 with take profit at 88.24. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil prices climbed on Wednesday toward last week’s seven-year highs as a draw in U.S. crude stocks …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35413 with take profit at 1.35542 . Bearish Preference: Sell position is envisaged if price trades below 1.35041 with take profit at 1.34871. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: The dollar was carrying a couple of bruises on Wednesday as Federal Reserve officials played down the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1800.98 with take profit at 1803.98. Bearish Preference: Sell position is envisaged if price trades below 1794.65 with take profit at 1791.32. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: Gold is bouncing back as expectations for aggressive global central bank tightening eased after the RBA showed …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 88.16 with take profit at 88.48 . Bearish Preference: Sell position is envisaged if price trades below 87.41 with take profit at 87.04. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil rose towards $89 a barrel on Wednesday, within sight of a seven-year high, supported by tight …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14303.26 with take profit at 14372.42. Bearish Preference: Sell position is envisaged if price trades below 14098.67 with take profit at 14032.40. Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: Stocks were mostly up on Wednesday morning steadying after U.S. counterparts ended another volatile session. However, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 88.78 with take profit at 88.97. Bearish Preference: Sell position is envisaged if price trades below 87.37 with take profit at 87.09. Fundamentals:No major fundamental Comment: Oil prices rose for a fourth day on Wednesday as an outage on a pipeline from Iraq to Turkey increased …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1816.33 with take profit at 1818.02. Bearish Preference: Sell position is envisaged if price trades below 1811.95 with take profit at 1810.23 . Fundamentals:None with high impact on the commodity Comment: Gold was down on Wednesday morning in Asia and was near the one-week low …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.57 with take profit at 85.28 . Bearish Preference: Sell position is envisaged if price trades below 82.86 with take profit at 82.16. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15913.54 with take profit at 15993.54. Bearish Preference: Sell position is envisaged if price trades below 15710.12 with take profit at 15636.31. Fundamentals:2:30pm USD Core CPI Comment: The tech-heavy NASDAQ closed up 1.4% on Tuesday, a day after falling more than 10% from its Nov. 19 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1824.38 with take profit at 1827.88. Bearish Preference: Sell position is envisaged if price trades below 1813.55 with take profit at 1811.15. Fundamentals:2:30pm USD Core CPI Comment: Gold was up on Wednesday morning in Asia. Investors shifted their focus to U.S. inflation data for interest rate …
