Daily Market Analysis 25.07.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 97.95 with take Profit at 98.70 Bearish Preference: Sell position is envisaged if price trades below 96.56 with take Profit at 95.78 Fundamentals:No Major Fundamental Comment:Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken …