Daily Market Analysis 26.04.2022: OIL
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 …