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Daily Market Analysis 29/11/2021: OIL

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Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.37 with take profit at 75.79. Bearish Preference: Sell position is envisaged if price trades below 74.17 with take profit at 73.79. Fundamentals:No major fundamental. Comment: Crude oil fell over 13% on Friday after the World Health Organisation (WHO) verified a new strain of Covid-19 …

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Daily Market Analysis 16/09/2021: USDJPY

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Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.467 with take profit at 109.557. Bearish Preference: Sell position is envisaged if price trades below 109.313 with take profit at 109.229. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The dollar drifted higher Thursday, with traders keeping their powder dry ahead of …

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