Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.13 with take profit at 70.32. Bearish Preference: Sell position is envisaged if price trades below 69.12 with take profit at 68.75. Fundamentals:None with high Impact Comment: The black stuff has already risen over 4% so far this week. A record fall in US crude inventories …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.83 with take profit at 68.09. Bearish Preference: Sell position is envisaged if price trades below 67.20 with take profit at 66.97. Fundamentals:None with high Impact Comment: Oil inched up early Tuesday morning in Asia as investors remained optimistic the continued economic recovery in regions such …
Instrument: OILs Technical Analysis Bullish Preference: A buy is envisaged if price trades above 67.15 with take profit at 67.41. Bearish Preference: A sell is envisaged if price trades below 66.23 with take profit at 65.93. Fundamentals:None with high Impact Comment: Oil futures pulled back Friday, with weakness tied to worries over the global economic outlook, but remained on track …
Technical Analysis Bullish Preference: Buy is envisage if price trades above 67.41 with take profit at 67.67. Bearish Preference: Sell is envisaged if price trades below 66.79 with take profit at 66.57. Fundamentals:USD 3:30PM Natural Gas Storage Comment: Oil was up Thursday morning in Asia as investors continue to expect fuel demand to recover by the summer, despite ever-surging numbers …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 66.23 with take profit at 66.44. Bearish Preference: Sell position is envisaged if price trades below 65.56 with take profit at 65.29. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil was down Wednesday morning in Asia, as investors digested an Organization of the Petroleum Exporting Countries and its …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 64.83 with a take profit at price 65.29. Bearish Preference: A Sell position is envisaged if price trades below price 63.89 with a take profit at price 63.47. Fundamentals:No major fundamental. Comment: Crude oil prices fell slightly during Monday’s APAC session amid rising viral concerns. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.05 with take profit at 68.38 Bearish Preference: Sell position is envisaged if price trades below 66.94 with take profit at 66.25. Fundamentals:No major Fundamental Comment: Spot cash premiums for June-loading barrels of Malaysian and Vietnamese crude oil have eased on the month amid demand concerns …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 63.60 with take profit at 63.90. Bearish Preference: Sell position is envisaged if price trades below 62.29 with take profit at 61.95. Fundamentals:No major fundamental Comment: Oil had another sideways day in a narrow range overnight, with the opposing forces of higher production versus a weaker …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 63.36 with take profit at 63.77. Bearish Preference: Sell position is envisaged if price trades below 62.30 with take profit at 62.05. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19 vaccinations …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 63.39 with take profit at 64.24. Bearish Preference: Sell position is envisaged if price trades below 61.99 with take profit at 61.19. Fundamentals:No major fundamental Comment: Oil prices rose on Tuesday as investors looked for bargains following the previous day’s plunge of more than 4% …
