Daily Market Analysis 27.05.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.66 with take profit at 114.89 Bearish Preference: Sell position is envisaged if price trades below 113.47 with take profit at 113.17 Fundamentals:No Major Fundamental Comment: Oil prices dipped on Friday but stayed near a two-month high, with Brent crude on track for its biggest weekly jump in 1-1/2 months, …
