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Daily Analysis

Daily Market Analysis 24.06.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.23472 with take profit at  1.23680 Bearish Preference: Sell position is envisaged if price trades  below 1.22325 with take profit at 1.22137 Fundamentals:No Major Fundamental Comment: U.K. manufacturing activity is slowing more sharply than expected as persistent price pressures take their toll on manufacturers and service companies alike, …

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Daily Market Analysis 24.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 108.13 with take profit at  108.60 Bearish Preference: Sell position is envisaged if price trades below price 105.27 with take profit at 104.88 Fundamentals:No major fundamental Comment:Oil was down on Friday morning in Asia as fears of slower demand from slowing U.S. economic growth and supply …

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Daily Market Analysis 24.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1831.68 with take profit at  1833.24 Bearish Preference: Sell position is envisaged if price trades  below 1824.60  with take profit at 1823.13 Fundamentals:No Major Fundamental Comment: Gold was down on Friday morning in Asia, set for its second straight decline, with worries of big interest rate hikes from …

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USDCAD Analysis

Daily Market Analysis 23.06.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.29699 with take profit at  1.29739 Bearish Preference: Sell position is envisaged if price trades below price 1.29525 with take profit at 1.29445 Fundamentals:9:45am USD Flash Manufacturing PMI              USD Flash Services PMI 3:00pm USD Fed Chair Powell Testifies Comment:The Fed Chair …

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Daily Market Analysis 23.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11074.13 with take profit at  11737.15 Bearish Preference: Sell position is envisaged if price trades  below 11609.48 with take profit at 11556.16 Fundamentals:9:45am USD FlasH Manufacturing PMI              USD Flash Services PMI 3:00pm USD Fed Chair Powell Testifies Comment: A booming corner of the …

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Daily Market Analysis 23.06.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.05838 with take profit at  1.06026 Bearish Preference: Sell position is envisaged if price trades  below 1.04966 with take profit at 1.04764 Fundamentals:9:45am USD Flash Manufacturing PMI              USD Flash Services PMI 3:00pm USD Fed Chair Powell Testifies Comment: The U.S. dollar edged …

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Daily Market Analysis 23.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1839.40 with take profit at  1841.82 Bearish Preference: Sell position is envisaged if price trades below price 1833.32 with take profit at 1830.76 Fundamentals:9:45am USD Flash Manufacturing PMI              USD Flash Services PMI 3:00pm USD Fed Chair Powell Testifies Comment:Gold was …

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Daily Market Analysis 21.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11587.23 with take profit at  11569.95 Bearish Preference: Sell position is envisaged if price trades  below 11394.60 with take profit at 11336.93 Fundamentals:No Major Fundamental Comment: Asia Pacific stocks were mixed on Tuesday morning as investors monitored China’s COVID-19 flare-ups. Japan’s Nikkei 225 jumped 1.78% by 8:45 PM ET (1:45 …

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USDCAD Analysis

Daily Market Analysis 21.06.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.29724 with take profit at  1.29925 Bearish Preference: Sell position is envisaged if price trades below price 1.29353 with take profit at 1.29062 Fundamentals:No Major Fundamental Comment:The USD/CAD pair extended its retracement slide from the YTD peak, around the 1.3075-1.3080 area set on Friday and witnessed some follow-through …

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Daily Market Analysis 21.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above  1839.85 with take profit at  1840.78 Bearish Preference: Sell position is envisaged if price trades below price1835.98 with take profit at 1834.84 Fundamentals:No Major Fundamental Comment:Gold was down on Tuesday morning in Asia as the U.S. dollar eased, while investors monitored posturing from major central banks …

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