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Daily Market Analysis 05.10.2022: OIL

Instrument: OILS+ Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 92.45 with take profit at  93.12 Bearish Preference: Sell position is envisaged if price trades below 91.18 with take profit at 90.55 Fundamentals:No Major fundamental News     Comment: Oil prices were little changed on Wednesday ahead of a meeting of OPEC+ producers to discuss a big cut …

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Daily Market Analysis 04.10.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 89.93 with take profit at 90.14 Bearish Preference: Sell position is envisaged if price trades below 89.17 with take profit at 88.96 Fundamentals:No major fundamental  Comment: Crude oil prices are extending overnight gains, fostered by a softer US Dollar and implications of a possible pullback in global production …

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Daily Market Analysis 06/07/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15584.8 with take profit at 15612.9. Bearish Preference: Sell position is envisaged if price trades below 15529.3 with take profit at 15506.7. Fundamentals:10:00 am  EUR    ZEW Economic Sentiment      EUR    German ZEW Economic Sentiment Comment: European stock markets edged lower Monday, with investors keeping a wary eye on the …

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Daily Market Analysis 08/06/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  71.21  with take profit at  71.47. Bearish Preference: Sell position is envisaged if price trades below 70.59  with take profit at   70.36. Fundamentals:No major fundamental Comment: Investor worries were heightened by trade data from China, the world’s top oil importer, released on Monday. Imports grew 51.1% …

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Daily Market Analysis 09|04|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 63.60 with take profit at 63.90. Bearish Preference: Sell position is envisaged if price trades below 62.29 with take profit at 61.95. Fundamentals:No major fundamental Comment: Oil had another sideways day in a narrow range overnight, with the opposing forces of higher production versus a weaker …

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