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Daily Market Analysis 29/11/2021: OIL

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 19/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17979 with take profit at 1.18072. Bearish Preference: Sell position is envisaged if price trades below 1.17700 with take profit at 1.17580. Fundamentals:No major fundamental. Comment: The dollar edged higher in early European trading Monday, maintaining its recent strong tone as rising Covid-19 cases threaten to …

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Daily Market Analysis 09/07/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34485 with take profit at 34560. Bearish Preference: Sell position is envisaged if price trades below 34249 with take profit at 34173. Fundamentals:All Day    G20 Meetings Comment: Wall Street lost ground on Thursday, with the S&P 500 and the Nasdaq pulling back from record closing highs …

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