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ADMISI Daily Technicals Squawk – 29th October 2020

By Eddie Tofpik

29th 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 follow on lower yesterday to the previous session's not unusual bearish inverted hammer...this time with a bearish opening black marubozo!...the market opened just under the short/medium ma (currently 1.1795) and dropped down...and interestingly through the next significant support...the old neckline (currently 1.1744)

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