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brent crude

Daily Market Analysis 21.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 116.46 with take profit at 116.96 Bearish Preference: Sell position is envisaged if price trades  below 114.16 with take profit at 113.70 Fundamentals:No Major Fundamental Comment: After a brief hiatus, the oil price rally is back on track. Crude oil closed with its seventh straight weekly gain Oil …

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Daily Market Analysis 27.05.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 114.66 with take profit at 114.89 Bearish Preference: Sell position is envisaged if price trades below 113.47 with take profit at 113.17 Fundamentals:No Major Fundamental Comment: Oil prices dipped on Friday but stayed near a two-month high, with Brent crude on track for its biggest weekly jump in 1-1/2 months, …

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