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Daily Market Analysis 01.03.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 104.08 with take profit at  104.92. Bearish Preference: A Sell position is envisaged if price trades below 101.72 with take profit at 100.49. Fundamentals:No major Fundamental. Comment: Crude oil prices pushed higher, with the global benchmark Brent trading over the $100 a barrel level, on concerns that …

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Daily Market Analysis 21/09/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.89 with take profit at 75.19. Bearish Preference: Sell position is envisaged if price trades below 74.40 with take profit at 74.11. Fundamentals: No Major Fundamental. Comment: Crude prices also rebounded Tuesday, advancing after days of losses after indications that disruptions to crude output in the …

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