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Daily Market Analysis 25.07.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 97.95 with take Profit at 98.70 Bearish Preference: Sell position is envisaged if price trades  below 96.56 with take Profit at 95.78 Fundamentals:No Major Fundamental Comment:Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken …

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Daily Market Analysis 20/07/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15313.8 with take profit at 15341.4. Bearish Preference: Sell position is envisaged if price trades below 15192.7 with take profit at 15168.9. Fundamentals:No major fundamental. Comment: Tuesday’s gains only partially recover some on Monday’s rout, when the DAX closing down 2.6% amid fears the latest …

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