Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.02 with take profit at 85.52 Bearish Preference: Sell position is envisaged if price trades below 83.09 with take profit at 82.39 Fundamentals:None with high impact Comment: Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above114.06 with take profit at 114.67 Bearish Preference: Sell position is envisaged if price trades below price 112.03 with take profit at 111.45 Fundamentals:No Major Fundamental Comment:Brent oil prices dipped on Tuesday, reversing earlier gains of $1, as concerns of a possible global recession curtailing fuel demand …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 108.88 with take profit at 109.24 Bearish Preference: Sell position is envisaged if price trades below 107.27 with take profit at 106.90 Fundamentals:No major fundamental Comment: Oil prices rose for a fourth day on Friday as Russian supply disruption fears trumped COVID-19 lockdowns in China, the world’s …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.89 with take profit at 104.27 Bearish Preference: Sell position is envisaged if price trades below 102.27 with take profit at 101.89 Fundamentals:No major Fundamental. Comment: Demand concerns in China, the world’s largest crude oil importer, added downward pressure on Tuesday. China’s capital Beijing has expanded its COVID-19 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.23 with a take profit at 114.82. Bearish Preference: Sell position is envisaged if price trades below 111.36 with a take profit at 110.86. Fundamentals:No Major Fundamental Comment: Oil prices slipped on Friday, with some supply concerns easing after a partial export resumption from Kazakhstan’s CPC crude …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.90 with take profit at 83.42. Bearish Preference: Sell position is envisaged if price trades below 82.20 with take profit at 81.74. Fundamentals:No Major Fundamental Comment: Oil is continuing to push higher as traders price in a modest economic impact from omicron. The OPEC+ meeting this …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 76.88 with take profit at 77.17. Bearish Preference: Sell position is envisaged if price trades below 75.88 with take profit at 75.60. Fundamentals:No Major Fundamental Comment: Brent crude futures snapped a three-day rally on Friday in light trade, with many investors away for the holidays, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.56 with take profit at 81.74. Bearish Preference: Sell position is envisaged if price trades below 80.57 with take profit at 80.38. Fundamentals:None with high impact on the commodity Comment: Oil prices rose on Friday, after wild swings the day before, as investor bet that potential …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.83 with take profit at 84.02 Bearish Preference: Sell position is envisaged if price trades below 83.43 with take profit at 83.24 Fundamentals:No Major Fundamental Comment: Crude oil continued higher today as the reality of OPEC+ not adding to production output seems to be sinking …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 80.24 with take profit at 80.55 Bearish Preference: Sell position is envisaged if price trades below 78.68 with take profit at 78.35 Fundamentals:No Major Fundamental Comment: Oil prices dropped for a second session on Thursday, under pressure from an unexpected rise in U.S. crude stocks …
