Daily Market Analysis 03.05.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 107.74 with take profit at 108.27 Bearish Preference: Sell position is envisaged if price trades below 105.98 with take profit at 105.72 Fundamentals:No major fundamemtal Comment: Oil prices are pacing higher on Tuesday through Asia-Pacific trading as energy prices extend gains from April amid supply concerns stemming from Russian …