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ADMISI Daily Technicals Squawk – 28th October 2020

By Eddie Tofpik

28th October 2020

Here are Daily Technical comments and levels from Eddie Tofpik, Head of Technical Analysis & Senior Markets Analyst at ADM Investor Services International Limited. Covering EURUSD, CABLE, EURGBP, USDINR, USDBRL, ICE Brent Crude Oil Futures, ICE Gasoil Futures, FTSE Futures, DAX Futures, S&P Futures, CAC 40 Futures, LME 3 Month Copper & LME 3 Month Aluminium.

Below is the full report containing significant support and resistance levels. EURUSD A not unusual bearish inverted hammer pattern yesterday!...traditionally... Inverted hammers are seen as bullish...however...data shows about two thirds of the time they are bearish!...this one looks data driven!...most interestingly of all...the close was down ...just below the short/medium ma (currently 1.1797)!... This continues

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