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Daily Analysis

Daily Market Analysis 10.05.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23605 with take profit at 1.23734 Bearish Preference: Sell position is envisaged if price trades below 1.23146 with take profit at 1.23070 Fundamentals:FOMC Member Waller Speaks by 6 PMFOMC Member Mester Speaks by 8 PM Comment: GBP/USD has been fluctuating in a relatively tight range above 1.2300 …

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Daily Market Analysis 10.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12478.72 with take profit at 12586.84 Bearish Preference: Sell position is envisaged if price trades below 12229.34 with take profit at 12133.42 Fundamentals:FOMC Member Waller Speaks by 6 PMFOMC Member Mester Speaks by 8 PM Comment: European stocks and U.S. futures rebounded on Tuesday, following another selloff across …

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Daily Market Analysis 10.05.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 106.66 with take profit at 107.28 Bearish Preference: Sell position is envisaged if price trades below 105.16 with take profit at 104.74 Fundamentals:No major fundamental Comment: China’s COVID situation, rising rates and growing recession risks are not helping risk assets,” Warren Patterson, head of ING commodities research, …

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Daily Market Analysis 10.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13615.6 with take profit at 13642.4 Bearish Preference: Sell position is envisaged if price trades below 13487.8 with take profit at 13457.1 Fundamentals:No Major fundamentals Comment: U.S. stocks are seen opening lower Monday, continuing the recent selloff ahead of the release of the latest consumer inflation data which …

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Daily Market Analysis 09.05.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.90 with take profit at 111.39 Bearish Preference: Sell position is envisaged if price trades below 108.80 with take profit at108.28 Fundamentals:No major fundamental Comment: Oil prices slipped on Monday alongside equities and weighed down by a strong dollar and demand concerns on the back of continued …

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Daily Market Analysis 09.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12470.66 with take profit at 12503.86 Bearish Preference: Sell position is envisaged if price trades below 12322.31 with take profit at 12278.43 Fundamentals:No Major fundamentals Comment: U.S. stocks are seen opening lower Monday, continuing the recent selloff ahead of the release of the latest consumer inflation data which …

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Daily Market Analysis 09.05.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13753.5 with take profit at 13838.0 Bearish Preference: Sell position is envisaged if price trades below 13459.2 with take profit at 13368.4 Fundamentals:No major fundamental Comment: European stock markets are expected to open lower Monday as investors continue to fret about slowing global growth and central banks …

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Daily Market Analysis 09.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1875.09 with take profit at 1878.44 Bearish Preference: Sell position is envisaged if price trades below 1866.58 with take profit at 1863.48 Fundamentals:None with high impact on the commodity Comment: The risk-averse market atmosphere is helping the dollar find demand as a safe haven at the start of …

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