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Daily Market Analysis 08/12/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.579 with take profit at 113.674. Bearish Preference: Sell position is envisaged if price trades below 113.258 with take profit at 113.152. Fundamentals:4:00pm USD JOLTS Job Openings Comment: The dollar was down on Wednesday morning in Asia also, global equity markets and oil prices surged on …

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Daily Market Analysis 14/07/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 76.74 with take profit at 76.96. Bearish Preference: Sell position is envisaged if price trades below 76.07 with take profit at 75.92. Fundamentals:3:30pm    USD    Crude Oil Inventories Comment: Oil prices steadied after data showed that China’s first-half crude imports dropped 3% from January to June versus …

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