Daily Market Analysis 09.05.2022: OIL
Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.90 with take profit at 111.39 Bearish Preference: Sell position is envisaged if price trades below 108.80 with take profit at108.28 Fundamentals:No major fundamental Comment: Oil prices slipped on Monday alongside equities and weighed down by a strong dollar and demand concerns on the back of continued …