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Daily Market Analysis 07/09/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.81 with take profit at 73.02. Bearish Preference: Sell position is envisaged if price trades below 72.18 with take profit at 71.99. Fundamentals: No major Fundamentals Comment: Oil prices were mixed on Tuesday as some investors scooped up bargains following recent losses, while Saudi Arabia’s sharp cuts in …

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Daily Market Analysis 24|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13506 with take profit at 13523.16. Bearish Preference: Sell position is envisaged if price trades below 13449.70 with take profit at 13427.31. Fundamentals:No major fundamental. Comment: The technology sector extended higher towards the end of the week as investors cheered a decent jobless claims report and cooling inflationary …

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