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Daily Market Analysis 03/12/2021: US100

Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16073.01 with take profit at 16112.25. Bearish Preference: Sell position is envisaged if price trades below 15901.74 with take profit at 15864.89. Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate4:00pm USD ISM Services PMI Comment: Stock futures were mostly flat in early trading Friday …

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Daily Market Analysis 03/12/2021: OILs

Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.41 with take profit at 71.71. Bearish Preference: Sell position is envisaged if price trades below 70.09 with take profit at 69.70. Fundamentals: No fundamental in direct bearing to this commodity  Comment: Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of …

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Daily Market Analysis 01/12/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13460 with take profit at 1.13585. Bearish Preference: Sell position is envisaged if price trades below 1.13165 with take profit at 1.13035. Fundamentals:2:15pm USD ADP Non-Farm Employment Change4:00pm USD Fed Chair Powell TestifiesUSD ISM Manufacturing PMI Comment: European stock markets are expected to open higher …

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Daily Market Analysis 01/12/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 15326.3 with take profit at 15378.0. Bearish Preference: A Sell position is envisaged if price trades below price 15178.3 with take profit at 15131.8. Fundamentals:No Major Fundamental Comment: Uncertainty about the COVID-19 pandemic has not dented prospects for European stocks to hit record highs in …

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Daily Market Analysis 30/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.33447 with take profit at 1.33572. Bearish Preference: A Sell position is envisaged if price trades below price 1.33305 with take profit at 1.33173. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida …

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Daily Market Analysis 30/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.44 with take profit at 1796.51. Bearish Preference: Sell position is envisaged if price trades below 1789.43 with take profit at 1786.13. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida Speaks Comment: Gold’s …

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Daily Market Analysis 30/11/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13421 with take profit at 1.13694. Bearish Preference: Sell position is envisaged if price trades below 1.13142 with take profit at 1.12855. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida Speaks Comment: European …

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Daily Market Analysis 30/11/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 15172.6 with take profit at 15210.7. Bearish Preference: A Sell position is envisaged if price trades below price 14996.8 with take profit at 14959.3. Fundamentals:No major fundamental. Comment: Germany stocks were higher after the close on Monday, as gains in the Utilities, Technology and Software …

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Daily Market Analysis 29/11/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.37 with take profit at 75.79. Bearish Preference: Sell position is envisaged if price trades below 74.17 with take profit at 73.79. Fundamentals:No major fundamental. Comment: Crude oil fell over 13% on Friday after the World Health Organisation (WHO) verified a new strain of Covid-19 …

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