Daily Market Analysis 09.08.2022: OIL
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 97.04 with take profit at 97.44 Bearish Preference: Sell position is envisaged if price trades below 95.35 with take profit at 94.88 Fundamentals:No major fundamental Comment: WTI and Brent crude oil prices are shifting lower through Asia-Pacific trading, with the benchmarks tracking around 0.10% lower following a …