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Showing posts with the label WTI CRUDE OIL Technical Analysis

Technical Analysis Report Today | Forex News – 10 May 2021 | Capital Street Fx

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  ASIAN MARKET:- Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 0.31% to 3,408.86. Hong Kong’s Hang Seng Index was down about 0.51% to 28,490.75. Japan’s benchmark Nikkei average. Nikkei 225 is trading up 0.49 per cent at 29,502.63 on Monday , while the  Australian Index S&P / ASX 200 rose 0.95 per cent to 7,154.71. South Korea’s Kospi was up by1.66% to 3,249.98. EUROPEAN MARKET:- The FTSE MIB climbed  up by 0.49%  to 24,612.46 In the cash markets, the  DAX futures  Germany was trading1.34%  higher at 15,399.25. CAC 40 futures in France climbed up by 0.45% to 6,385.57, while the FTSE 100 futures in the U.K rose  by  0.75% to 7,129.97, at the time of writing. US MARKET:- In the U.S. on Wall Street, the  Dow Jones Industrial Average  closed  0.66% up  at 34,777.38  the S&P 500 was up 0.74% to 4,232.56 and the Nasdaq 100 was up 0.88% at 13,753.03. FOREX MARKET:- In the ...

Technical Analysis of The Financial Markets — 31 March 2021 | Capital Street FX

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  Asian stocks were on the backfoot on Wednesday. The Shanghai composite is down 0.43% at 3,441.91. Overall, the Singapore MSCI down 1.07% at 359.30. Over in Hong Kong, the Hang Seng Index down 0.29% to 28,442. In Japan, the Nikkei 225 down 1.02% at 29,180, while the Topix index is down 1.21% at 1954.0. South Korea’s Kospi down 0.28% to 3061.42. Australia S&P/ASX 200 up 0.78% at 6790.7. European equities Tuesday closin g . The DAX futures contract in Germany traded 1.29% up at 15008.61, CAC 40 futures up 0.06% at 6092.0 and the UK 100 futures contract in the U.K. down 0.03% at 6,770.5. In U.S. on Wall Street, the  Dow Jones Industrial Average  closed 0.31% down at 33067.0, the S&P 500 down 0.32% to 3958.6 and the Nasdaq 100 down 0.53% at 12896.5, NYSE closes at 15626.10 up 0.09%. In the Forex market, GBPUSD up 0.12% at 1.37556. The USDJPY up 0.29% at 110.661. The USDCHF up 0.05% at 0.94240. EURUSD up 0.15% at 1.17323, EUR/GBP up 0.04% at 0.85293. The USD/CNY down ...

What’s the difference between Brent and WTI Crude? | Capital Street Fx

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  West Texas Intermediate oil: - It describes a light-weight oil with relatively low sulfur. While it’d be produced in West Texas, the WTI designation are often designated to any crude which will meet the standards of being a light-weight sweet crude with the “light” aspect being defined as API 41 gravity and sulfur content of approximately 0.4%, which would make it “sweet.” WTI is that the crude that’s the idea for the crude contract on the NYMEX division of the CME. The delivery point for that crude isn’t actually in Texas; it’s at the pipeline and tank gathering point of Cushing, Oklahoma. Crudes that meet the essential specifications of WTI are often delivered into the contract albeit they’re not produced in West Texas. WTI was the primary actively traded crude contract, launched on NYMEX in 1983. They considered it the key benchmark for several years until the Brent contract had displaced gradually it on what’s now ICE. WTI fell far out of favor when the lack to urge crude out...

Daily Technical Analysis Report On 18 March 2021 | Forex News

  Asia Pacific stocks were mostly up Thursday morning. The Shanghai composite is up 0.27% at 3,454.97. Overall, the Singapore MSCI up 0.84% at 354.45. Over in Hong Kong, the Hang Seng Index up 1.53% to 29,433. In Japan, the Nikkei 225 up 1.08% at 30,030, while the Topix index is up 1.53% at 1992.0. South Korea’s Kospi up 0.62% to 3066.53. Australia S&P/ASX 200 down 0.73% at 6745.9. European equities Wednesday closing. The DAX futures contract in Germany traded 0.27% up at 14596.61, CAC 40 futures down 0.01% at 6054.8 and the UK 100 futures contract in the U.K. down 0.60% at 6,762.7. In U.S. on Wall Street, the Dow Jones Industrial Average closed 0.58% up at 33015.4, the S&P 500 up 0.29% to 3974.1 and the Nasdaq 100 up 0.38% at 13202.4, NYSE closes at 15731.14 up 0.39%. In the Forex market, GBPUSD up 0.02% at 1.39616. The USDJPY up 0.04% at 108.878. The USDCHF up 0.07% at 0.92308. EURUSD down 0.07% at 1.19687, EUR/GBP down 0.03% at 0.85724. The USD/CNY down 0.13% at 6.4947, ...

DAILY TECHNICAL ANALYSIS | FOREX NEWS | 22 February 2021 | Capital Street FX

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  Asia Pacific stocks were mostly down on Monday morning. The Shanghai composite is down 1.09% at 3,655.76. Overall, the Singapore MSCI up 0.45% at 331.40. Over in Hong Kong, the Hang Seng Index down 0.22% to 30,447. In Japan, the Nikkei 225 up 0.40% at 30,160, while the Topix index is up 0.41% at 1938.5. South Korea’s Kospi down 0.78% to 3083.45. Australia S&P/ASX 200 down 0.19% at 6780.9. European equities Friday closing. The DAX futures contract in Germany traded 0.77% up at 13993.23, CAC 40 futures up 0.79% at 5773.6 and the UK 100 futures contract in the U.K. up 0.10% at 6,624.0. In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 31494.3 the S&P 500 down 0.19% to 3906.7 and the Nasdaq 100 down 0.42% at 13580.8, NYSE closes at 15290.63 up 0.47%. In the Forex market, GBPUSD up 0.11% at 1.40143. The USDJPY up 0.23% at 105.63. The USDCHF up 0.24% at 0.89776. EURUSD up 0.06% at 1.21218, EUR/GBP up 0.02% at 0.86503. The USD/CNY up 0.13% at 6.4631, at the...

Today Technical Analysis Report – 18 February 2021 | Capital Street FX

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  Asia Pacific stocks were mixed on Thursday morning, with Chinese stocks headed towards record highs. The Shanghai composite is up 0.42% at 3,670.57. Overall, the Singapore MSCI down 0.61% at 332.50. Over in Hong Kong, the Hang Seng Index down 1.27% to 30,582. In Japan, the Nikkei 225 down 0.53% at 30,240, while the Topix index is down 1.52% at 1941.5. South Korea’s Kospi down 1.17% to 3097.03. Australia S&P/ASX 200 up 0.01% at 6885.9. European equities Wednesday closing. The DAX futures contract in Germany traded 1.1% down at 13909.27, CAC 40 futures down 0.36% at 5765.8 and the UK 100 futures contract in the U.K. down 0.56% at 6,710.9. In U.S. on Wall Street, the Dow Jones Industrial Average closed 0.29% up at 31613.0 the S&P 500 down 0.03% to 3931.3 and the Nasdaq 100 down 0.54% at 13699.7, NYSE closes at 15402.58 down 0.13%. In the Forex market, GBPUSD down 0.06% at 1.38487. The USDJPY up 0.03% at 105.90. The USDCHF flat at 0.89881. EURUSD up 0.10% at 1.20466, EUR/GBP ...