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Daily Market Analysis 16/09/2021: OIL

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Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 75.68 with take profit at price 75.86. Bearish Preference: A sell position is envisaged if price trades below price 75.09 with take profit at price 74.85. Fundamentals: No major fundamental Comment: Oil and fuel stockpiles dropped sharply last week, as refiners in the U.S. Gulf region and …

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Daily Market Analysis 12/07/2021: EURUSD

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Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18576 with take profit at 1.18669. Bearish Preference: Sell position is envisaged if price trades below 1.18347 with take profit at 1.18265. Fundamentals:No major fundamental. Comment: European Central Bank President Christine Lagarde said on Sunday that the central bank will update its guidance on monetary stimulus at its …

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