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Daily Market Analysis 20.07.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 107.71  with take profit at  108.59 Bearish Preference: Sell position is envisaged if price trades  below 105.13 with take profit at 104.46 Fundamentals:1:30pm    CAD CPI m/m Comment:Russia held its spot as China’s top oil supplier for a second month in June as Chinese buyers cashed in …

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Daily Market Analysis 31.05.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 120.42 with take profit at 120.91 Bearish Preference: Sell position is envisaged if price trades  below 118.92 with take profit at 118.48 Fundamentals:No Major Fundamental Comment: EU leaders continue to struggle over an agreement on banning Russian oil imports, while Ukrainian President Volodymyr Zelensky is pushing …

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Daily Market Analysis 31.05.2022: GOLD

Instrument: Gold Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 120.42 with take profit at 120.91 Bearish Preference: Sell position is envisaged if price trades  below 118.92 with take profit at 118.48 Fundamentals:None with high impact on the commodity Comment: EU leaders continue to struggle over an agreement on banning Russian oil imports, while Ukrainian President …

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