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oil prices

Daily Market Analysis 19.09.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 91.15 with take profit at  91.56 Bearish Preference: A sell position is envisaged if price trades below price 89.75 with take profit at 89.32 Fundamentals:None with high impact Comment: Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth will …

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Daily Market Analysis 06.09.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 96.15 with take profit at 96.43 Bearish Preference: A Sell position is envisaged if price trades below price 95.14 with take profit at 94.94 Fundamentals:No major fundamental Comment: Gold prices recovered sharply from a six-week low on Tuesday as a worsening energy crisis in Europe drove up …

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Daily Market Analysis 31.08.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 99.18 with take profit at 99.86 Bearish Preference: A Sell position is envisaged if price trades below price 96.56 with take profit at 95.61 Fundamentals:No Major fundamental Comment: Oil prices recovered slightly on Wednesday as data pointed to firm U.S. fuel demand, providing respite after a 5% …

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Daily Market Analysis 22.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 95.62 with take profit at 95.89 Bearish Preference: A Sell position is envisaged if price trades below price 94.70 with take profit at 94.46 Fundamentals:None with high impact Comment: Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive U.S. …

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Daily Market Analysis 19.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 96.38 with take profit at  96.79. Bearish Preference: A Sell position is envisaged if price trades below price 94.95 with take profit at 94.50. Fundamentals:None with high impact Comment: Oil prices slipped on Friday after two days of gains, as market participants weighed worries about …

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Daily Market Analysis 15.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 97.52 with take Profit at 98.14 Bearish Preference: Sell position is envisaged if price trades below 96.29 with take Profit at 95.76 Fundamentals:None with high impact  Comment:Oil prices dropped for a second session on Monday as weak China economic data triggered concerns about demand at the world’s …

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Daily Market Analysis 11.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 98.76 with take profit at 99.36 Bearish Preference: Sell position is envisaged if price trades below 97.74 with take profit at 96.80 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims Comment: Oil prices rose by over 1% on Thursday after the International Energy Agency raised its oil …

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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 …

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Daily Market Analysis 03.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 101.41 with take profit at 101.92 Bearish Preference: Sell position is envisaged if price trades  below 98.29  with take profit at  97.63 Fundamentals:All Day   OPEC-JMMC Meetings Comment:Oil prices dipped on Wednesday ahead of a meeting of OPEC+ producers at which producers are expected to keep output …

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