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Daily Analysis

Daily Market Analysis 29.06.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 114.48 with take profit at 115.30 Bearish Preference: Sell position is envisaged if price trades  below 112.56 with take profit at 112.09 Fundamentals:All Day OPEC Meetings   Comment: Oil rose more than 2% on Tuesday as concerns over tight supplies due to Western sanctions on Russia outweighed fears of …

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Daily Market Analysis 28.06.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.22914 with take profit at 1.23196 Bearish Preference: Sell position is envisaged if price trades  below 1.22157 with take profit at 1.21958 Fundamentals:3:00PM      US DOLLARS: CB Consumer Confidence   Comment: The dollar was up on Tuesday morning in Asia despite worries about economic recession. Investors await a …

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Daily Market Analysis 28.06.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13314.1 with take profit at 13367.7 Bearish Preference: Sell position is envisaged if price trades below price 13258.5 with take profit at 13235.4 Fundamentals:No major Fundamental  Comment:European markets opened in the green on Tuesday, spurred on by a lift in sentiment in Asia, where stocks jumped on …

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Daily Market Analysis 28.06.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 113.26 with take profit at 113.78 Bearish Preference: Sell position is envisaged if price trades below price 111.83 with take profit at 111.49 Fundamentals:3:00PM    US DOLLARS:  Crude Oil Inventories             Comment:Crude oil prices were trading higher through early Asia-Pacific trading on …

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Daily Market Analysis 28.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1829.91 with take profit at  1831.67 Bearish Preference: Sell position is envisaged if price trades  below 1824.09 with take profit at 1822.33 Fundamentals:3:00PM      US DOLLARS: CB Consumer Confidence   Comment: Gold prices have edged lower in recent days, descending towards symmetrical triangle support in place since the …

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Daily Market Analysis 27.06.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13239.3 with take profit at 13263.7 Bearish Preference: Sell position is envisaged if price trades  below 13133.6 with take profit at 13109.2 Fundamentals:No major fundamental      Comment: European shares hit a two-week high on Monday, boosted by miners as an easing of COVID-19 restrictions in China lifted …

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Daily Market Analysis 27.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12229.59 with take profit at 12247.63 Bearish Preference: Sell position is envisaged if price trades below price 12117.16 with take profit at 12090.79 Fundamentals:1:30pm    USD Core Durable Goods Orders             Comment:U.S. stock index futures edged higher on Monday, setting up …

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Daily Market Analysis 27.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 110.36 with take profit at 111.26 Bearish Preference: Sell position is envisaged if price trades below price 108.37 with take profit at 107.39 Fundamentals:Tentative USD Crude Oil Inventories             Comment:Oil prices edged down on Monday in a volatile session as investors …

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Daily Market Analysis 27.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1841.79 with take profit at 1844.47 Bearish Preference: Sell position is envisaged if price trades  below 1832.15 with take profit at 1829.08 Fundamentals:1:30pm    USD Core Durable Goods Orders             Comment: Gold was up on Monday morning in Asia as some countries from …

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Daily Market Analysis 24.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11878.31 with take profit at  11902.53 Bearish Preference: Sell position is envisaged if price trades below price 11796.91 with take profit at 11777.81 Fundamentals:No major fundamental Comment:The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders dialled down …

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