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Daily Market Analysis 10/06/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.26 with take profit at 72.47 Bearish Preference: Sell position is envisaged if price trades below 71.47 with take profit at 71.26. Fundamentals:3:30PM  USD  Natural Gas Storage Comment: Oil prices fell on Thursday as inventory data in the United States, the world’s top oil consumer, showed a …

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Daily Market Analysis 17|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21532 with take profit at price 1.21621. Bearish Preference: A sell position is envisaged if price trades below price 1.21228 with take profit at price 21121. Fundamentals:None with high impact.  Comment:  The recent rally in EUR/USD appears to have stalled ahead of the …

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