Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 79.21 with take profit at 79.55. Bearish Preference: Sell position is envisaged if price trades below 78.54 with take profit at 78.33. Fundamentals:All Day All OPEC-JMMC Meetings Comment: Oil was up on Tuesday morning in Asia, but moves were small ahead of a major producers’ meeting …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.88 with take profit at 82.18. Bearish Preference: Sell position is envisaged if price trades below 80.96 with take profit at 80.67. Fundamentals:4:30pm USD Crude Oil Inventories. Comment: Oil prices rose to a one-week high on Tuesday after a move by the United States and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.93 with take profit at 82.13. Bearish Preference: Sell position is envisaged if price trades below 81.49 with take profit at 81.33. Fundamentals:4:30pm Crude Oil Inventories Comment: Crude oil prices are on track to drop nearly 2% this week as US production ramps up. The weak price action comes …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.11 with take profit at 83.36 Bearish Preference: Sell position is envisaged if price trades below 82.34 with take profit at 82.13 Fundamentals:No major fundamental Comment: Crude prices edged higher Thursday, rebounding after the previous session’s losses on concerns the sharp rise in U.S. inflation, boosted …
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 75.22 with take profit at 75.39. Bearish Preference: Sell position is envisaged if price trades below 74.72 with take profit at 74.60. Fundamentals: No Major Fundamental Comment: Crude oil prices fell slightly after the Energy Information Administration reported yet another inventory draw, of 3.5 million barrels, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.71 with take profit at 72.83. Bearish Preference: Sell position is envisaged if price trades below 72.35 with take profit at 72.23. Fundamentals:USD 4:00PM Crude Oil Inventories Comment: U.S. production is struggling to recover from Hurricane Ida, “Extensive damage to infrastructure and power outages mean Ida has knocked …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.96 with take profit at 71.12. Bearish Preference: Sell position is envisaged if price trades below 71.59 with take profit at 71.44 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices rose on Wednesday before an OPEC+ meeting at which the producer club is expected to …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.44 with take profit at 70.72. Bearish Preference: Sell position is envisaged if price trades below 69.42 with take profit at 69.13. Fundamentals:No Major Fundamental Comment: Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.11 with take profit at 71.33. Bearish Preference: Sell position is envisaged if price trades below 70.27 with take profit at 70.06. Fundamentals:None with a high impact on the Commodity Comment: Oil prices declined towards $70 a barrel on Thursday as more countries imposed fresh …
