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Daily Analysis

Daily Market Analysis 15.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1786.78 with take Profit at 1789.33 Bearish Preference: Sell position is envisaged if price trades below 1778.03 with take Profit at 1775.84 Fundamentals:1:30pm    USD Empire State Manufacturing Index  Comment:The safe-haven U.S. dollar rose on Monday after a new batch of disappointing Chinese data bolstered global recession …

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Daily Market Analysis 15.08.2022:

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.02511 with take Profit at 1.02633 Bearish Preference: Sell position is envisaged if price trades below 1.02261 with take Profit at 1.02114 Fundamentals:1:30pm    USD Empire State Manufacturing Index Comment: European stock markets are expected to open in a mixed fashion Monday, starting the week on a cautious …

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Daily Market Analysis 15.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 97.52 with take Profit at 98.14 Bearish Preference: Sell position is envisaged if price trades below 96.29 with take Profit at 95.76 Fundamentals:None with high impact  Comment:Oil prices dropped for a second session on Monday as weak China economic data triggered concerns about demand at the world’s …

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Daily Market Analysis 12.08.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.02969 with take profit at 1.03050 Bearish Preference: Sell position is envisaged if price trades below 1.02710 with take profit at 1.02611 Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar recorded its biggest decline in five months following the report as traders readjusted their forecasts to factor …

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Daily Market Analysis 12.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1792.51 with take profit at 1794.42 Bearish Preference: Sell position is envisaged if price trades below 1789.01 with take profit at 1787.26 Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment  Comment:The greenback’s slide continued into Thursday, falling as much as 0.57% early in the session, but then clawed back …

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USDJPY Ananlysis

Daily Market Analysis 12.08.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 133.595 with take profit at 133.823 Bearish Preference: Sell position is envisaged if price trades below 132.835 with take profit at 132.581 Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment  Comment:The U.S. dollar edged higher in early European trade Friday, rebounding to a degree after a two-day selloff as …

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Daily Market Analysis 12.08.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13803.1 with take profit at 13813.3 Bearish Preference: Sell position is envisaged if price trades below 13741.3 with take profit at 13727.4 Fundamentals:No Major Fundamental Comment: European markets moved higher on Thursday, boosted by strong gains on Wall Street overnight after weaker-than-expected U.S. inflation eased the pressure on …

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Daily Market Analysis 11.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 98.76 with take profit at 99.36 Bearish Preference: Sell position is envisaged if price trades below 97.74 with take profit at 96.80 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims Comment: Oil prices rose by over 1% on Thursday after the International Energy Agency raised its oil …

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USDJPY Ananlysis

Daily Market Analysis 11.08.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 132.884 with take profit at 133.241 Bearish Preference: Sell position is envisaged if price trades below 131.980 with take profit at 131.623 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims  Comment:The dollar made up some losses on Thursday after a steep drop the previous day on …

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Daily Market Analysis 11.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1789.69 with take profit at 1791.88 Bearish Preference: Sell position is envisaged if price trades below 1781.26 with take profit at 1779.14 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims Comment: Extended shares on a global rally on Thursday after softer-than-expected U.S. inflation data encouraged bets of …

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