Fundamental Development Oil was down on Tuesday morning in Asia, opening lower earlier in the session. The European Union's move to enact a ban on Russian oil imports, which would tighten global supplies, ran into opposition from member country Hungary. Brent oil futures edged down 0.18% to $114.03 and WTI futures edged down 0.20% to $111.60. Shanghai set out...
On Daily time frame crude is on Crucial levels if crude make a small red candle/inside candle then we will long for expected targets 9100 9200 9300+
Hello, crudeoil fut swing trade buy above: 8,400 stoploss: 8,085 target: 10,000. LOGIC BEHIND TRADE: Crudeoil has formed W p8attern on 1d chart & given breakout of resistance pull back buying strategy, (target identified from harmonic xabcd level 1.618) stoploss is taken low of resistance candle. Above 8,400 crudeoil if sustains can go upto all time high. MCX:CRUDEOIL1!
Oil was down on Monday morning in Asia, the European Union (EU)’s impending ban on Russian crude imports is driving global supply fears. Brent oil futures dropped 2.18% to $109.12 and WTI futures fell 2.04% to $106.41. Both Brent and WTI benchmarks, which jumped about 4% during the previous Friday, increased by more than $1 a barrel earlier in the session, with...
Tradermabs Nifty Analysis for Monday the 16th of May 2022
as nasdaq rebound in last trading session from 50% retracement point, probability of india index to erase 15300 325 mark dots
Fundamental Development Oil prices dropped more than 1% on Thursday in a volatile week as economic concerns and recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe. Brent crude futures slipped $1.25, or 1.2%, to $106.26 a barrel. WTI crude futures fell $1.24, or 1.2%, to $104.47 a barrel. U.S. headline...
buy on dips for the target of 9.525 any dip will be the buy opportunity and support will be treated as a stoploss as of now keep the position light
Crude oil may rally soon . Getting out of triangle soon. No advice to buy or sell .
#Crudeoil Long (11 May) Piercing line candle stick pattern RSI divergence RSI- 42 Buy around - 7780-7820 SL- 7725 Target- 7950 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Fundamental Development Oil was up on Wednesday morning in Asia, as investors await US and China economic data. Brent oil futures rose 1.99% to $104.36 and crude oil WTI futures jumped 2.27% to $101.96. Investors will be keeping an eye on China’s April factory gate prices and the US consumer –price index. A stronger dollar in particular, affects commodities like...
Crude Oil in Consolidation Phase within Uptrend. Support Zone 7600-7200 If Support holds, Bulls will push Prices higher Break of Support could cause more choppiness and consolidation bringing Bears into Play to push for lower levels
Fundamental Development Oil was down on Tuesday morning in Asia due to demand outlook concerns as top oil importer China imposes lock downs and economic tensions rise in Europe. Brent oil futures fell 0.87% to $105.02 while crude oil WTI futures slipped 0.84% to $102.22. Financial markets are reflecting fears that sanctions on Russian oil imports after its...
MCX:CRUDEOIL1! #MCX:CRUDEOIL bagged good profits and further levels marked for practice. Details with results shared in the signature column. #NATURALGAS , #COPPER also bagged very good results check for details. Happy LEarning !!
Although a fortnight old rising channel portrays the bull’s command over Brent oil, backed by the fears of a supply crunch, the commodity prices have failed to portray a notable run-up. On top of that, the quote is heading towards a short-term key hurdle surrounding $115.70, comprising a horizontal line from late March and the upper-end of the mentioned channel....
Crude Oil is looking good for a short trade with SL at 8605 !
Crude is forming a symmetrical triangle. Currently, it is facing a resistance level of 8300 levels but if this level is crossed then we can see a quick move! Concepts - Symmetrical Triangle ( Pattern Analysis ) Resistance Levels
Fundamental Development Oil was up on Friday morning in Asia, recovering from an earlier drop. However, worries about an economic downturn that could affect fuel demand persisted, alongside concerns over the latest European Union (EU) sanctions against Russia. Brent oil futures rose 0.54% to $111. In addition, WTI futures rose 0.57% to $108.88. U.S. stocks...