fbpx

Daily Market Analysis 20.01.2023: OIL

Instrument: OILs

Technical Analysis

Bullish Preference:  
A Buy position is envisaged if the price trades above 86.94 take profit at 87.14
Bearish Preference: 
A Sell position is envisaged if the price trades below 86.08 take profit at 85.89
Fundamentals:
All Day WEF Annual Meetings

Comment: 
Oil prices were set to post a second straight weekly gain on Friday, spurred largely by brightening economic prospects for China which should boost fuel demand in the world’s second-biggest economy.

Analysis: SCRUM Team

Leave a Comment

Your email address will not be published.

×
Free Online Class
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Compare
Wishlist 0
Open wishlist page Continue shopping