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Daily Market Analysis 10|05|2021: CADJPY

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Instrument: CADJPY Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above price 89.918 with take profit at price 90.068. Bearish Preference: A sell position is envisaged if price trades below price 89.625 with take profit at price 89.427. Fundamentals:No major fundamental. Comment: CAD/JPY rates have maintained their uptrend from the March and November 2020 lows unlike …

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Daily Market Analysis 10|05|2021: OIL

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Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  69.06 with a take profit at price 69.19. Bearish Preference: A Sell position is envisaged if price trades below price 68.48 with a take profit at price 68.20. Fundamentals:No major fundamental.  Comment:  Crude oil prices edged higher during the Asia-Pacific mid-day session as a …

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