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Daily Market Analysis 26/07/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.390 with take profit at 110.511. Bearish Preference: Sell position is envisaged if price trades below 109.984 with take profit at 109.843. Fundamentals:No major fundamental. Comment: The US Dollar (via the DXY Index) has been overcoming naysayers, doubters, and even negative seasonal trends as it has …

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Daily Market Analysis 26/07/2021: US100

Instrument:US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15137.06 with take profit at 15167.49. Bearish Preference: Sell position is envisaged if price trades below 15033.39 with take profit at 15011.41. Fundamentals:No major fundamental. Comment: U.S. stocks are seen opening higher Friday, boosted by strength in the tech sector after positive earnings from social media …

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Daily Market Analysis 23/07/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.50. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Both Brent and WTI futures remained above the $70-mark, and prices were almost unchanged as the week draws …

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Daily Market Analysis 22/07/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.55. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Official US crude inventories followed the API data from the day before and posted a surprise increase in …

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Daily Market Analysis 22/07/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14890.77 with take profit at 14911.55. Bearish Preference: Sell position is envisaged if price trades below 14826.43 with take profit at 14805.11. Fundamentals:USD1:30 PM   Unemployment                             Claims        3:00PM  CB Leading Index  …

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