Instrument: OIL Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 46.55 with take profit at 46.94 Alternative scenario: Sell position is envisaged if price trades below 46.22 with take profit at 45.65 Fundamentals:No major economic data with bearing on the commodity Comment: Black gold shrugged off the impact of the Hurricane of Friday and …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 44.75 with take profit at 45.00 Alternative scenario: Sell position is envisaged if price trades below 44.55 with take profit at 44.16 Fundamentals:No major economic data with direct bearing to this commodity Comment: Black gold is envisaged to close higher today, buoyed by …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 45.34 with take profit at key level 45.04 Alternative scenario: Buy if price trades above 45.73 with take profit at 46.08 Fundamentals:No Fundamentals. Comment: Technically Brent has been hovering between 46.15 and 44.35 prize zones, right now investors would be waiting for crude oil …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 42.79 with take profit at 42.33. Alternative scenario: Buy position is envisaged if price trades above 43.40 with take profit at 43.92. Fundamentals:No major economic data with direct bearing on the commodity Comment: The commodity is envisaged to trade lower owing to the rising …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.96 with take profit at 44.60. Alternative scenario: Sell position is envisaged if price trades below 43.47 with take profit at 43.09. Fundamentals:3:30pm USD Crude Oil Inventories. Comment: Oil prices rose on Wednesday after an industry report showed that crude inventories in the United …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 43.00 with take profit at 42.86. Alternative scenario: Buy position is envisaged if price trades above 43.30 with take profit at 43.44. Fundamentals:No fundamental with direct impact on the commodity Comment: Oil is moving down based on bad sentiments from the OPEC meetings and …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 42.65 with take profit at 41.91. Alternative scenario: Buy position is envisaged if price trades above 43.13 with take profit at 43.54. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Black gold gaped down on opening this week as expectations of …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: BUY position is envisaged if price trades above 41.75 with take profit at 42.09 Alternative scenario: SELL position is envisaged if price trades above 41. 46 with take profit at 41.15 Fundamentals:No major economic data with direct bearing to this commodity Comment: Prices have started to fall in recent times and this …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.18 with take profit at 43.61. Alternative scenario: Sell position is envisaged if price trades below 42.63 with take profit at 42.26. Fundamentals:Crude Oil Inventories (US) 3:30 PM Comment: Black gold closed bearish in the session yesterday as report from the American Petroleum Institute …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 42.74 with take profit at key level 43.33. Alternative scenario: Sell if price trades below 42.02 with take profit at 41.40. Fundamentals:No fundamentals Comment: In the past months we have seen Oil price rise from as low as $20pb to $45pb. As the effect …
