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Oil Up, But Heads Towards Big Weekly Decline Over COVID-19, OPEC+ Deal Uncertainty

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       Brent Oil was trading 0.11% up at  $73.55 Oil was up Friday morning in Asia, but was headed towards the biggest weekly decline since mid-March 2021. Worsening outbreaks of COVID-19 involving the Delta variant in some countries and uncertainty over an OPEC deal to boost supply clouded the short-term outlook for the black liquid, however. Brent Oil Futures were steady at $73.47 by 12:58 PM ET (4:58 AM GMT) and WTI Futures  inched up 0.08% to $71.71. COVID-19 outbreaks involving the Delta variant have prompted some countries to tighten restrictive measures, thus crimping fuel demand. Indonesia surpassed India in new daily COVID-19 cases during the past week, becoming Asia Pacific’s new virus epicenter in the process. A second Australian city entered a lockdown as Melbourne joined Sydney, which in turn extended current restrictions through the end of July. In the U.S., Los Angeles County mandated the wearing of face masks indoors, including those who h...

TECHNICAL ANALYSIS REPORT TODAY – 16 JULY 2021

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  Asia Pacific stocks were mostly down on Friday morning. The Shanghai composite is down 0.02% at 3,563.78. Overall, the Singapore MSCI up 0.39% at 357.85. Over in Hong Kong, the Hang Seng Index up 0.25% at 28,082. In Japan, the Nikkei 225 down 0.82% at 27,990, while the Topix index is down 0.08% at 1934.0. South Korea’s Kospi down 0.52% to 3269.11. Australia S&P/ASX 200 down 0.01% at 7335.4. European equities Thursday closing. The DAX futures contract in Germany traded down 1.01% at 15629.66, CAC 40 futures down 0.99% at 6493.37 and the UK 100 futures contract in the U.K. up 0.13% at 7,017.30. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.15% at 34987.03. The S&P 500 down 0.33% to 4360.04 and the Nasdaq 100 up 0.03% at 14793.6, NYSE closes at 16499.05 down 0.27%. In the Forex market, GBPUSD up 0.11% at 1.38359. The USDJPY up 0.17% at 109.998. The USDCHF up 0.08% at 0.91842. EURUSD down 0.01% at 1.1809, EUR/GBP down 0.01% at 0.8535. The USD/CNY up 0.0...

TECHNICAL ANALYSIS REPORT TODAY – 14 JULY 2021

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  Asian shares fell on Wednesday after data showing the biggest jump in U.S. inflation in 13 years. The Shanghai composite is down 0.55% at 3,547.12. Overall, the Singapore MSCI down 0.30% at 360.60. Over in Hong Kong, the Hang Seng Index down 0.22% at 27,819. In Japan, the Nikkei 225 down 0.10% at 28,620, while the Topix index is up 0.08% at 1965.5. South Korea’s Kospi down 0.22% to 3264.05. Australia S&P/ASX 200 up 0.40% at 7361.2. European equities Tuesday closing. The DAX futures contract in Germany traded 0.01% down at 15789.64, CAC 40 futures down 0.01% at 6558.48 and the UK 100 futures contract in the U.K. down 0.01% at 7,124.73. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.31% at 34888.80. The S&P 500 down 0.35% to 4369.20 and the Nasdaq 100 down 0.06% at 14870.6, NYSE closes at 16575.77 down 0.58%. In the Forex market, GBPUSD up 0.16% at 1.38245. The USDJPY down 0.10% at 110.511. The USDCHF down 0.05% at 0.91802. EURUSD up 0.10% at 1.17879...

TECHNICAL ANALYSIS REPORT TODAY – 09 JULY 2021

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  Asia Pacific stocks are down Friday morning as concerns continue to mount about the spread of COVID-19 variants. The Shanghai composite is down 0.17% at 3,518.93. Overall, the Singapore MSCI up 0.77% at 353.45. Over in Hong Kong, the Hang Seng Index up 0.95% at 27,359. In Japan, the Nikkei 225 down 1.17% at 27,830, while the Topix index is down 0.94% at 1903.0. South Korea’s Kospi down 1.18% to 3212.70. Australia S&P/ASX 200 down 1.42% at 7237.5. European equities Thursday closing. The DAX futures contract in Germany traded 1.73% down at 15420.64, CAC 40 futures down 2.01% at 6396.74 and the UK 100 futures contract in the U.K. down 0.10% at 7,031.7. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.75% at 34421.94. The S&P 500 up 0.86% to 4320.83 and the Nasdaq 100 down 0.13% at 14707.3, NYSE closes at 16359.69 down 1.21%. In the Forex market, GBPUSD down 0.03% at 1.37668. The USDJPY up 0.22% at 109.99. The USDCHF up 0.11% at 0.91586. EURUSD down 0.06...

Daily Free Forex Trading Signals By Capital Street Fx - July 05, 2021

 AUDUSD SELL= 0.75133 TARGET= 0.74954 SL= 0.75259 COFFEE SELL = 152.66 TARGET= 151.49 SL= 154.13 TESLA SELL = 676.54 TARGET= 670.59 SL= 683.60 ETHEREUM SELL = 2267.03 TARGET= 2247.15 SL= 2301.72 NIKKEI 225 SELL = 28586.0 TARGET = 28554.0 SL= 28649.0 Get Daily 10+ Buy/Sell Trading Signals - Click Here  https://www.capitalstreetfx.com/en/trade-signal/

TECHNICAL ANALYSIS REPORT TODAY – 02 JULY 2021

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  Chinese shares dropped on Friday. The Shanghai composite is down 0.07% at 3,588.78. Overall, the Singapore MSCI up 0.10% at 355.55. Over in Hong Kong, the Hang Seng Index down 1.67% at 28,151. In Japan, the Nikkei 225 up 0.42% at 28,750, while the Topix index is up 0.90% at 1952.0. South Korea’s Kospi up 0.01% to 3282.54. Australia S&P/ASX 200 up 0.51% at 7302.5. European equities Thursday closing. The DAX futures contract in Germany traded 0.47% up at 15603.81, CAC 40 futures up 0.71% at 6553.83 and the UK 100 futures contract in the U.K. up 1.25% at 7,125.17. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.38% at 34633.54. The S&P 500 up 0.52% to 4319.93 and the Nasdaq 100 down 0.14% at 14533.3, NYSE closes at 16640.95 up 0.52%. In the Forex market, GBPUSD up 0.06% at 1.37647. The USDJPY up 0.06% at 111.583. The USDCHF up 0.10% at 0.92618. EURUSD down 0.06% at 1.18415, EUR/GBP up 0.03% at 0.86019. The USD/CNY up 0.17% at 6.4802, at the time of writi...