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US oil may retest $80.17, to discount RSI divergence

The...

Published 29 Oct, 2021 02:24pm

Markets

Brent falls to two-week low after inventory shock

TOKYO: Oil prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after...

Published 28 Oct, 2021 11:22am

Markets

US oil may test $80.17, extending loss to Friday

Another retracement analysis on the shorter trend from $74.96 marks a realistic target of $78.94

Published 28 Oct, 2021 10:46am

Markets

US oil may retest $83.03, bearish divergences on RSI

SINGAPORE: US oil may retest a support at $83.03 per barrel, a break below which could cause a fall into...

Published 27 Oct, 2021 10:40am

Markets

US oil may retreat into $81.12-$82.18 range, shooting star bearish

SINGAPORE: US oil may retreat into a range of $81.12-$82.18 per barrel, as a five-wave cycle from $74.96 may have...

Published 26 Oct, 2021 10:44am

Markets

US oil uptrend confirmed, targets $85.66-$86.64 range

SINGAPORE: US oil may test a resistance at $84.94 per barrel, a break above could lead to a gain into the...

Published 25 Oct, 2021 11:13am

Markets

US oil may retest support at $81.79

SINGAPORE: US oil may retest a support at $81.79 per barrel, a break below which could cause a fall into...

Published 20 Oct, 2021 10:09am

Markets

US oil may test resistance at $83.64

SINGAPORE: US oil may test a resistance at $83.64 per barrel, a break above which could lead to a gain to $84.47....

Published 18 Oct, 2021 02:02pm

Markets

US oil may rise into $81.67-$82.18 range

SINGAPORE: US oil may break a resistance at $81.13 per barrel and rise into $81.67-$82.18 range. The contract...

Published 14 Oct, 2021 10:50am

Markets

US oil may retreat into $78.57-$79.42 range

SINGAPORE: US oil may retreat into a range of $78.57-$79.42 per barrel, as it has broken a support at $80.48. The...

Published 12 Oct, 2021 10:58am

Markets

US oil may rise into $81.10-$81.73 range

SINGAPORE: US oil may rise into a range of $81.10-$81.73 per barrel, as it has broken above a resistance at $80.09....

Published 11 Oct, 2021 10:56am

Markets

Oil falls ahead of OPEC+ supply policy meeting

TOKYO: Oil fell on Monday ahead of an OPEC+ supply policy meeting that may decide whether a recent rally in prices...

Published 04 Oct, 2021 09:56am

Markets

Oil drops a second day after rally peters out

Brent crude was down $1.34, or 1.7%, at $77.75 a barrel

Published 29 Sep, 2021 12:31pm

Markets

US oil may gain more into $73.96-$75.03 range

The break confirmed an extension of an upward wave C towards $75.03

Published 24 Sep, 2021 11:49am

Markets

US oil may retest resistance at $69.62

The contract could be riding on a wave c, which is expected to travel to $71.22, its 61.8% projection level

Published 31 Aug, 2021 10:47am

Markets

US oil may test support at $66.96

A break above $68.35 could confirm the extension of the uptrend towards $69.73-$71.45 range

Published 26 Aug, 2021 11:03am

Markets

US oil may stabilise around $66.96 and rise

The current shallow correction is regarded as a pullback towards the former resistance at $66.96, now a support

Published 25 Aug, 2021 10:44am

Markets

US oil may keep bouncing to $68.49

On the daily chart, oil failed to break a support at $66.44 again. Trending signals are rather mixed, as the tug of war between bulls and bears around $66.44 has not ended

Published 17 Aug, 2021 10:40am

Markets

US oil may retest resistance at $69.30

8 The contract could be riding on a wave (d), the fourth wave of a presumed wedge developing from the July 6 high of $76.98. Three smaller waves make up this wave

Published 13 Aug, 2021 11:41am

Markets

US oil may rise towards $70.15-$70.77 range

The correction from $76.98 may have ended if it only has three waves

Published 12 Aug, 2021 11:07am

Markets

US oil may retest support at $65.46

The reversal of the uptrend from $33.64 has been more or less confirmed. A retracement analysis on the trend suggests a target zone from $55.31-$60.42

Published 10 Aug, 2021 11:22am

Markets

US oil may seek support around $67.34

On the daily chart, a rising trendline points at a target of $66.44. The contract is expected to eventually fall to this level

Published 05 Aug, 2021 11:27am

Markets

US oil may rise to $73.34

Oil may revisit its July 6 high of $76.98

Published 23 Jul, 2021 10:41am

Markets

US oil may fall to $69.35

The lower channel suggests a target around $67.59, which will be confirmed when the support at $69.02 is broken

Published 19 Jul, 2021 12:15pm

Markets

Brent oil may fall towards $70.98

A rising channel suggests a lower target of $68.43, which will be available when oil breaks $70.75

Published 19 Jul, 2021 12:10pm

Markets

US oil may rise into $73.87-$74.60 range

A moderate correction was triggered by the resistance at $73.34

Published 09 Jul, 2021 10:47am

Markets

US oil may bounce to $73.34

The fall could be broken down into three small waves

Published 08 Jul, 2021 10:57am

Markets

US oil may test support at $72.70

On the daily chart, oil broke a support at $74.42

Published 07 Jul, 2021 10:42am

Markets

US oil may retest resistance at $76.14

The contract is riding on a wave C, which may extend to $77.29, as it briefly travelled above $74.99, its 138.2% projection level

Published 05 Jul, 2021 10:33am

Markets

US oil may retest resistance at $76.14

The contract is riding on a wave C, which may travel $77.29, as it shows no sign of completion around $74.99

Published 02 Jul, 2021 11:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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