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Jul 29, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

US oil

Brent oil may retreat to $69.87
Markets

Brent oil may retreat to $69.87

  • On the daily chart, the break above a resistance at $70.75 turned out to be invalid. The contact could be pulling back towards the uptrend trendline of a wedge.
Published 04 Jun, 2021 10:54am
US oil may fall to $64.71
Markets

US oil may fall to $64.71

  • It may experience the last correction before overcoming this strong barrier and rising towards $71.93.
Published 27 May, 2021 12:07pm
U.S. oil may rise to $64.71
Markets

U.S. oil may rise to $64.71

  • In terms of duration or depth, the fall looks far from complete. Eventually, oil could drop to $62.13 again.
Published 20 May, 2021 01:02pm
US oil may rise to $67.98
Markets

US oil may rise to $67.98

  • The second correction triggered by this zone looks too shallow, casting some shadow on the current rise.
Published 18 May, 2021 11:05am
US oil may rise to $66.52
Markets

US oil may rise to $66.52

  • On the daily chart, a resistance zone of $65.65-$66.60 triggered the second correction, which looks too shallow to complete.
Published 10 May, 2021 11:13am
US oil may fall to $62.33
Markets

US oil may fall to $62.33

  • A retracement analysis reveals that oil has pierced below a support at $63.53. Chances are it may drop to $62.33.
Published 03 May, 2021 12:19pm