Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.41 with take profit at 71.71. Bearish Preference: Sell position is envisaged if price trades below 70.09 with take profit at 69.70. Fundamentals: No fundamental in direct bearing to this commodity Comment: Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.88 with take profit at 82.18. Bearish Preference: Sell position is envisaged if price trades below 80.96 with take profit at 80.67. Fundamentals:4:30pm USD Crude Oil Inventories. Comment: Oil prices rose to a one-week high on Tuesday after a move by the United States and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.09 with take profit at 81.21 Bearish Preference: Sell position is envisaged if price trades below 80.65 with take profit at 80.53 Fundamentals:No major fundamental Comment: Oil retains a bullish outlook if the forecast horizon is several months, but the journey higher is not likely …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.83 with take profit at 84.02 Bearish Preference: Sell position is envisaged if price trades below 83.43 with take profit at 83.24 Fundamentals:No Major Fundamental Comment: Crude oil continued higher today as the reality of OPEC+ not adding to production output seems to be sinking …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.54 with take profit at 81.79 Bearish Preference: Sell position is envisaged if price trades below 80.57 with take profit at 80.35 Fundamentals:No Major Fundamental Comment: Oil prices rose on Friday after OPEC+ producers rebuffed a U.S. call to raise supply to cool the market, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.63 with take profit at 83.86 Bearish Preference: Sell position is envisaged if price trades below 82.87 with take profit at 82.68 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.26 with take profit at 85.43 Bearish Preference: Sell position is envisaged if price trades below 84.75 with take profit at 84.59 Fundamentals:No major fundamental Comment: Oil prices rose on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.28 with take profit at 84.46. Bearish Preference: Sell position is envisaged if price trades below 83.01 with take profit at 82.78. Fundamentals:No Major Fundamental Comment: Crude prices edged lower Friday, continuing the previous session’s selling after Russian President Vladimir Putin indicated that a group …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 80.24 with take profit at 80.55 Bearish Preference: Sell position is envisaged if price trades below 78.68 with take profit at 78.35 Fundamentals:No Major Fundamental Comment: Oil prices dropped for a second session on Thursday, under pressure from an unexpected rise in U.S. crude stocks …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.57 with take profit at 82.96 Bearish Preference: Sell position is envisaged if price trades below 81.53 with take profit at 81.25 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+’s refusal to ramp …
