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TRADING IDEAS
#DeutscheBank and #Mastercard to deepen cooperation on payments

#Deutsche Bank (DE:DBKGn) and Mastercard (NYSE:MA) said on Wednesday they would deepen their collaboration as the German lender aims for a greater share of the payments business.
The partnership will seek to jointly develop digital payment solutions for companies, they said.
McKinsey and Capgemini are projecting growth in digital payments revenues and transactions, and Deutsche Bank hopes that the segment will provide it with additional income as its further cut’s costs.
"The coronavirus pandemic has triggered exponential growth in corporates' demand for digital payment solutions," said Ole Matthiessen, Deutsche Bank's global head of cash management.
On technical fronts Deutsche Bank (DE:DBKGn)RSI stood at 69.23andcurrently stock is trading Above all Moving Averages. So, BUY position can be taken with following target and stop loss.
#TRADESIGNAL - :Deutsche Bank (DE:DBKGn)- BUY: 9.91, TARGET: 10.18, STOP LOSS : 9.64
AMAZON TO START OFFERING INSURANCE TO UK BUSINESSES

Amazon.com Inc (NASDAQ:AMZN) is trading up 0.28% at 3425.52

On technical fronts Amazon.com Inc (NASDAQ:AMZN) RSI stood at 51.08 and currently stock is trading below all MA. So, SELL position can be taken with following target and stop-loss:

TRADE SIGNAL – : Amazon.com Inc (NASDAQ:AMZN) – SELL : 3425.52, TARGET: 3393.24, STOP LOSS : 3457.30

https://www.capitalstreetfx.com/en/amazon-to-start-offering-insurance-to-uk-businesses/
#TradeSignal #Tradeforecat #StockAnalysis #Indices #Index #Amazon #UK
OIL UP, REMAINS ABOVE $75 MARK, AS MARKET CONTINUES TO TIGHTEN

Brent Oil was trading 0.10% down at $77.16.

Brent oil futures rose 1.20% to $78.16 by 10:36 PM ET (2:36 AM GMT) and WTI futures jumped 1.27% to $74.92. Both Brent and WTI futures were above the $75 mark, with the former hitting its highest level since October 2018.

Brent Oil , RSI Stood at 64.115, the current price is trading Above All the Moving Averages . So, a Buy trade can be executed with the following target and stop-loss:

TRADE SIGNAL-Brent Oil– Buy: 77.10, TARGET:-83.10, STOP LOSS:- 74.10.

https://www.capitalstreetfx.com/en/oil-up-remains-above-75-mark-as-market-continues-to-tighten/
#CrudeOil #BrentCrude #WtiCrude #TradeSignal #TradeAnalysis #MarketForecast #TradeSuggestion