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oil prices

Daily Market Analysis 02|06|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 70.86  with a take profit at price 71.21. Bearish Preference: A Sell position is envisaged if price trades below 69.86 with take profit at price 69.51. Fundamentals:No Major Fundamentals Comment: Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously bring …

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Daily Market Analysis 31|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.22113 with a take profit at price 1.22188. Bearish Preference: A Sell position is envisaged if price trades below 1.21809 with take profit at price 1.21944. Fundamentals:No major fundamental. Comment: Crude oil prices traded slightly higher during the Asia-Pacific mid-day session after registering a 4.3% gain last …

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Daily Market Analysis 25|05|2021: OIL

Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.36 with take profit at 68.64. Bearish Preference: Sell position is envisaged if price trades below 67.91 with take profit at 67.63. Fundamentals:No major fundamental Comment: Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as …

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Daily Market Analysis 17|05|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 69.08 with a take profit at price 69.43. Bearish Preference: A Sell position is envisaged if price trades below price 68.19 with a take profit at price 67.87. Fundamentals:No major fundamental. Comment: Crude oil prices were muted during the Asia-Pacific mid-day session after surging 2.6% …

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