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 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.80 with take Profit at 104.33 Bearish Preference: Sell position is envisaged if price trades below 102.45 with take Profit at 101.81 Fundamentals:No major fundamentals Comment:Oil prices dropped on Monday, as weak manufacturing data from China and Japan for July weighed on the outlook for demand, while …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.83 with take profit at 114.46 Bearish Preference: Sell position is envisaged if price trades below price 112.94 with take profit at 112.49 Fundamentals:No Major Fundamental Comment:Oil was little changed on Monday as fears of a global recession that would hit demand were balanced by concerns of …
Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.48 with take profit at 115.30 Bearish Preference: Sell position is envisaged if price trades below 112.56 with take profit at 112.09 Fundamentals:All Day OPEC Meetings Comment: Oil rose more than 2% on Tuesday as concerns over tight supplies due to Western sanctions on Russia outweighed fears of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.36 with take profit at 111.26 Bearish Preference: Sell position is envisaged if price trades below price 108.37 with take profit at 107.39 Fundamentals:Tentative USD Crude Oil Inventories Comment:Oil prices edged down on Monday in a volatile session as investors …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 120.83 with take profit at 121.22 Bearish Preference: Sell position is envisaged if price trades below 119.45 with take profit at 119.04 Fundamentals:No Major Fundamental Comment: Crude oil prices have sustained their recent move higher following news that OPEC+ would increase oil production in July and August …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 121.75 with take profit at 123.17 Bearish Preference: Sell position is envisaged if price trades below price 19.40 with take profit at 118.63 Fundamentals: No Major Fundamental Comment:Oil prices hit $120 a barrel on Monday after Saudi Arabia raised crude prices for July and amid …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 115.43 with take profit at 115.84 Bearish Preference: Sell position is envisaged if price trades below 113.11 with take profit at 112.70 Fundamentals:No Major Fundamental Comment: The price of oil climbs to a fresh monthly high ($114.69) even as the Organization of Petroleum Exporting Countries (OPEC) warns …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 112.39 with take profit at 112.83 Bearish Preference: Sell position is envisaged if price trades below 110.44 with take profit at 110.09 Fundamentals:All Day- OPEC-JMMC Meetings Comment: Five OPEC+ delegates said the group was set to agree to increase its June output target by 432,000 barrels per …
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 …
