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 …