Trading news

OIL remains under pressure by surging COVID-19 cases and further lockdowns – US OIL Market Outlook – 23/10/2020

Comments out of President Putin, saying that Russia has not ruled out the possibility of delaying January OPEC+ production increases, and positive news on the vaccine front (with Remdesivir getting the first U.S. approval to treat Covid-19) supported higher prints on WTI Crude, only to print lower in early trade today weighed down by surging Covid-19 cases and further lockdowns, with $40 as the closest support target.

Support: 40/ 39.70
Resistance: 40.70 / 41.50

SquaredFinancial Daily Market Outlook


SquaredFinancial Review 

Friday, 23 Oct, 2020 / 7:52

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Oil Hits A 9 Month High

Oil Boosted By Better Risk Sentiment Crude prices have enjoyed a strong rally [...]

Posted on Thursday, 26 Nov, 2020 / 11:39 under

Sunak Announces Historical Borrowing

Dollar Keeps Falling from Grace The US index sank by 0.12% on Wednesday as it [...]

Posted on Thursday, 26 Nov, 2020 / 11:38 under

Weak Economic Data supported higher prints – GOLD Market Outlook – 26/11/2020

Gold hit our long entry resistance target at 1815, bouncing off the 1800 [...]

Posted on Thursday, 26 Nov, 2020 / 10:03 under