Fundamental Development: Oil prices rose over $1 on Wednesday, rebounding from six-month lows hit the previous day, as an unexpectedly large drop in U.S. oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession. Brent crude futures were last up 82 cents, or 0.9%, to $93.16 a barrel. West Texas...
Crudeoil broken major support levels in daily chart next support levels would be 6333 if sustain at this levels we can see upside move 6900 to 7550 levels if not sestina it may fall till 6000 - 5900 levels just a view for educational purpose only
Fundamental Development: Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell 73 cents, or 0.8%, to $94.37 a barrel by. WTI crude futures dipped 44 cents, or 0.5%, to $88.97 a barrel. Oil futures fell about 3% during the previous session. China's central bank cut lending rates to...
Oil has given the movement as expected in our previous chart we expect the oil to touch the box I have drawn from there onwards we start our buying in oil it can go further down. we are taking a stop loss of 65 but it is impossible to catch a falling market so we will start buying the movement it touches our zone TVC:USOIL
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
Crude oil forms a top Closing below the MIZone can slip swiftly to IZ Support
95.35 is held monthly then we are looking at an upside target of 117 and 140. If 95.35 is not held then we can expect downside level of 85
We are expecting Crudeoil Target on August month 99$ Minimum expectation... Purely as per astro
Crude oil looks good for a short term rally ahead of fed inflation data !
Fundamental Development: Oil prices pulled back slightly on Tuesday on the latest progress in final talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market. Brent crude futures fell 14 cents, or 0.1%, to $96.51 a barrel, paring a 1.8% gain from the previous session. U.S. West Texas Intermediate (WTI)...
#crude analysis on weekly time frame:- Looks like we are in Wave C of the correction and we might see #crude get melted off. Always trade what you see, not what you feel. U won't need to join any webinar or seminar. Control your emotions and don't bet all your chips on a single trade. Regards, SG.
USDCAD extends the week-start pullback from a three-week high inside an upward sloping trend channel established since late October 2021. Given the downbeat RSI and the bearish MACD signals, the Loonie pair is likely to remain pressured inside the bullish chart formation. However, the 100-DMA support near 1.2785 could challenge the bears. Also acting as a downside...
MCX - Crude Oil - Swing BUY Setup MCX:CRUDEOIL1! After recent sharp fall in crude oil now it seems the market has made short term bottom in US Markets around 85 USD and now it seems it will start the sharp upside again . Do Comment , share and "LIKE" if you find this info valuable to use . Happy Hunting , Chintamani Disclaimer. I am not SEBI...
Fundamental Development: Oil prices bounced higher from multi-month lows on Monday as investors' appetite improved following data on U.S. jobs and Chinese exports data that eased recession concerns. Brent crude futures had risen 81 cents, or 0.9%, to $95.73 a barrel. U.S. West Texas Intermediate crude was at $89.76 a barrel, up 75 cents, or 0.8%. Both contracts...
As updated in the charts we still expect continued downfall in oil before it further shoots up for a new life time high TVC:USOIL . It’s the right time to stock oil . we recommend buying in it from 86 levels with a stop loss of 64 . Thank you so much .
Poor macros, #Gas prices continue to rise and the risk of rationing and high prices continue to haunt the continent. European gas contract are near to click a fresh all time high. On technical terms we can see multiple descending trendlines pushing the pair down . The fall below parity and quick 3 day short covering pushed #EURUSD to 1.02700. Current trading range...
Fundamental Development: Oil prices rose on Friday, bouncing off their lowest levels since February in the previous session, as supply shortage concerns were enough to cancel out fears of slackening fuel demand. Brent crude rose 55 cents, or 0.6%, to $94.67 a barrel, while U.S. West Texas Intermediate crude was up 65 cents, or 0.8%, at $89.19 a barrel. Oil prices...