Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.95 with take profit at 74.14. Bearish Preference: Sell position is envisaged if price trades below 73.30 with take profit at 73.13. Fundamentals:None with a high impact on the Commodity. Comment: Crude oil prices extended higher during Monday’s Asia-Pacific mid-day session amid a broad pullback in equities. …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 69.08 with a take profit at price 69.43. Bearish Preference: A Sell position is envisaged if price trades below price 68.19 with a take profit at price 67.87. Fundamentals:No major fundamental. Comment: Crude oil prices were muted during the Asia-Pacific mid-day session after surging 2.6% …
