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Daily Analysis

Daily Market Analysis 09.06.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.07197 with take profit at  1.07329 Bearish Preference: Sell position is envisaged if price trades below price 1.06877 with take profit at 1.06740 Fundamentals:12:45pm   EUR Main Refinancing Rate                EUR Monetary Policy Statement1:30pm    EUR ECB Press Conference Comment:The …

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Daily Market Analysis 08.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12708.73 with take profit at  12726.50 Bearish Preference: Sell position is envisaged if price trades  below 12652.61 with take profit at 12631.10 Fundamentals:No Major Fundamental Comment: Asia-Pacific stocks were up on Wednesday morning, and a pullback in bond yields eased some investors’ concerns about the recession caused …

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Daily Market Analysis 08.06.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.07407 with take profit at  1.07498 Bearish Preference: Sell position is envisaged if price trades below price 1.07264 with take profit at 1.07185 Fundamentals:No Major Fundamental Comment:The euro hit a seven-year peak against the yen on Wednesday ahead of a European Central Bank (ECB) rate-setting …

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Daily Market Analysis 08.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1851.53 with take profit at  1853.53 Bearish Preference: Sell position is envisaged if price trades  below 1845.02 with take profit at 1841.41 Fundamentals:No Major Fundamental Comment: The U.S. dollar rose in early European trade Wednesday with risk sentiment on the wane as central banks tighten monetary policy, …

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Daily Market Analysis 08.06.2022: US2000

Instrument: US2000 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1920.6 with take profit at  1925.8 Bearish Preference: Sell position is envisaged if price trades below price 1902.7 with take profit at 1895.2 Fundamentals:No Major Fundamental  Comment:Central banks around the globe have started to respond to soaring inflation by tightening monetary policy, which had been …

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Daily Market Analysis 07.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 120.83 with take profit at 121.22 Bearish Preference: Sell position is envisaged if price trades  below 119.45 with take profit at 119.04 Fundamentals:No Major Fundamental Comment: Crude oil prices have sustained their recent move higher following news that OPEC+ would increase oil production in July and August …

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Daily Market Analysis 07.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1848.17 with take profit at  1849.91 Bearish Preference: Sell position is envisaged if price trades below price 1840.42 with take profit at 1838.86 Fundamentals:No Major Fundamental  Comment:The price of gold snaps the recent series of higher highs and lows amid the broad based weakness across …

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Daily Market Analysis 06.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 121.75 with take profit at 123.17 Bearish Preference: Sell position is envisaged if price trades below price 19.40 with take profit at 118.63 Fundamentals: No Major Fundamental  Comment:Oil prices hit $120 a barrel on Monday after Saudi Arabia raised crude prices for July and amid …

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Daily Market Analysis 06.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12770.33 with take profit at 12800.77 Bearish Preference: Sell position is envisaged if price trades  below 12697.67 with take profit at 12669.19 Fundamentals:No Major Fundamental Comment: U.S. stocks are seen opening higher Monday, on growing confidence that the Federal Reserve can tighten monetary policy sufficiently to deal …

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