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Daily Market Analysis 14.03.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 109.95 with take profit at 111.32. Bearish Preference: Sell position is envisaged if price trades below 108.23 with take profit at 107.18. Fundamentals:No major fundamental  Comment: Oil prices shed as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war …

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Daily Market Analysis 22/09/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.81 with take profit at 74.96. Bearish Preference: Sell position is envisaged if price trades below 74.18 with take profit at 73.93. Fundamentals: 3:30pm USD Crude Oil Inventories Comment: Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. …

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