Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 94.45 with take profit at 94.77. Bearish Preference: Sell position is envisaged if price trades below 92.61 with take profit at 92.00 Fundamentals:No Major Fundamentals Comment: Oil recovered some of its more than 2% fall in Asian trade on Thursday after Russian-backed rebels in eastern …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 93.43 with take profit at 93.76. Bearish Preference: Sell position is envisaged if price trades below 92.73 with take profit at 92.37. Fundamentals:No Major Fundamental Comment: Oil dropped from a seven-year high to around $94 a barrel on Tuesday, pressured by a report that some …
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: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.43 with take profit at 84.55 Bearish Preference: Sell position is envisaged if price trades below 84.05 with take profit at 83.89 Fundamentals:4:00pm Crude Oil Inventories Comment: The American Petroleum Institute (API) said on Wednesday U.S. crude stockpiles rose by 5.2 million barrels for the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.57 with take profit at 82.96 Bearish Preference: Sell position is envisaged if price trades below 81.53 with take profit at 81.25 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+’s refusal to ramp …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.40 with take profit at 70.59. Bearish Preference: Sell position is envisaged if price trades below 69.36 with take profit at 69.16. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil fell below $70 a barrel on Wednesday, pressured by a CNBC report that the White House will call …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.19 with take profit at 74.40. Bearish Preference: Sell position is envisaged if price trades below 73.44 with take profit at 73.22. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil rose towards $75 a barrel on Wednesday ahead of an industry report expected to show U.S. crude …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.51 with take profit at 73.78. Bearish Preference: Sell position is envisaged if price trades below 72.55 with take profit at 72.26. Fundamentals:No major fundamental. Comment: Having staged the mother of all “Delta-dips,” followed by the mother of all FOMO buy-the-dip rallies last week, oil now …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.55. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Official US crude inventories followed the API data from the day before and posted a surprise increase in …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.05 with take profit at 68.38 Bearish Preference: Sell position is envisaged if price trades below 66.94 with take profit at 66.25. Fundamentals:No major Fundamental Comment: Spot cash premiums for June-loading barrels of Malaysian and Vietnamese crude oil have eased on the month amid demand concerns …
