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: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.63 with take profit at 83.86 Bearish Preference: Sell position is envisaged if price trades below 82.87 with take profit at 82.68 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and …
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 …
