Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 101.00 with take profit at 101.41 Bearish Preference: Sell position is envisaged if price trades below 99.66 with take profit at 99.25 Fundamentals:No major Fundamental. Comment: Oil prices climbed on Tuesday on easing concerns about demand in China after Shanghai relaxed some COVID-19-related restrictions and OPEC warned …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 101.62 with take profit at 101.97 Bearish Preference: Sell position is envisaged if price trades below 100.62 with take profit at 100.31 Fundamentals:None with high impact on the commodity Comment: Oil prices rose on Friday but remained on course for a second weekly fall after countries …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.95 with take profit at 104.34 Bearish Preference: Sell position is envisaged if price trades below 101.89 with take profit 101.50 Fundamentals:No major Fundamentals Comment: Oil prices fell about $1 on Friday, ahead of a meeting of consuming nations to discuss a new release of emergency oil …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 108.62 with take profit at 109.18 Bearish Preference: Sell position is envisaged if price trades below 105.81 with take profit at 105.24 Fundamentals:All Day OPEC-JMMC Meetings Comment: Oil prices plunged more than $5 a barrel on Thursday on news the United States was considering the release of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.89 with take profit at 111.43 Bearish Preference: Sell position is envisaged if price trades below 108.98 with take profit at 108.62 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply tightness and the growing …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.68 with a take profit at 114.15. Bearish Preference: Sell position is envisaged if price trades below 112.53 with a take profit at 112.14. Fundamentals:No Major Fundamental Comment: Volatility in energy markets is a feature of current trading conditions and likely won’t dissipate anytime soon. Having already …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.23 with a take profit at 114.82. Bearish Preference: Sell position is envisaged if price trades below 111.36 with a take profit at 110.86. Fundamentals:No Major Fundamental Comment: Oil prices slipped on Friday, with some supply concerns easing after a partial export resumption from Kazakhstan’s CPC crude …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.43 with take profit at 114.91. Bearish Preference: Sell position is envisaged if price trades below 111.50 with take profit at 111.01. Fundamentals: 3:30pm USD Crude Oil Inventories. Comment: Oil was up on Wednesday morning in Asia, with a draw in U.S. crude inventories increasing concerns about tight global supplies amid …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 104.38 take profit at 105.94. Bearish Preference: Sell position is envisaged if price trades below 101.60 take profit at 99.93. Fundamentals:No Major Fundamental Comment: Oil prices climbed 4% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of Russian oil and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 105.01 take profit at 106.91. Bearish Preference: Sell position is envisaged if price trades below 99.72 take profit at 97.82. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices rose over $1 on Wednesday, bouncing back after earlier declines, as Russia’s invasion of Ukraine continues …
