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Daily Market Analysis 04/10/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 79.44 with take profit at 79.64 Bearish Preference: Sell position is envisaged if price trades below 78.53 with take profit at 78.28 Fundamentals:ALL DAY OPEC Meetings Comment: Asian equities were mostly softer today, despite a strong lead from the US on Friday. Uncertainties around Evergrande, …

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Daily Market Analysis 25/06/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39550 with take profit at 1.39730. Bearish Preference: Sell position is envisaged if price trades below 1.38819 with take profit at 1.38653. Fundamentals:1:30pm    USD    Core PCE Price Index m/m3:00pm    USD    Revised UoM Consumer Sentiment Comment: The dollar drifted lower in Asia on Friday as an agreement …

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