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Daily Market Analysis 22.07.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 100.00 with take profit at  100.32 Bearish Preference: Sell position is envisaged if price trades  below 97.95 with take profit at 97.56 Fundamentals:No major fundamentals Comment: Oil prices climbed in Asia trading on Friday, rebounding from previous declines amid supply tightness and geopolitical tensions, even though weakened …

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Daily Market Analysis 14.02.2022: GBPJPY

Instrument: GBPJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 156.458 with take profit at 156.744. Bearish Preference: Sell position is envisaged if price trades below 155.844 with take profit at 155.456. Fundamentals:No major Fundamental. Comment: First, We look at the daily chart and you can see two things: Major support and major resistance. The latter …

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