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Daily Market Analysis 30/06/2021: OIL

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Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.61 with take profit at 74.77. Bearish Preference: Sell position is envisaged if price trades below 74.24 with take profit at 74.11. Fundamentals:3:30pm    USD Crude Oil Inventories Comment: Oil was up Wednesday morning in Asia after the Organization of the Petroleum Exporting Countries and allies (OPEC+) …

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Daily Market Analysis 15/06/2021: EURGBP

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Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.86270 with take profit at 0.86342. Bearish Preference: Sell position is envisaged if price trades below 0.86115 with take profit at 0.86046. Fundamentals:1:15 pm GBP    BOE Gov Bailey Speaks Comment: Europe’s vaccination campaign continues at full speed and COVID-19 cases continue falling. The Delta variant is spreading …

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