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Daily Analysis

Daily Market Analysis 30/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19052 with take profit at 1.19223. Bearish Preference: Sell position is envisaged if price trades below 1.18722 with take profit at 1.18591. Fundamentals:9:00am    EUR    German                            Prelim GDP q/q1:30pm    USD    Core PCE    …

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Daily Market Analysis 30/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1834.70 with take profit at 1837.06. Bearish Preference: Sell position is envisaged if price trades below 1823.67 with take profit at 1821.25. Fundamentals:1:30pm    USD    Core PCE                        Price Index m/m2:45pm    USD    Chicago PMI3:00pm   …

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Daily Market Analysis 29/07/2021: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.74152 with take profit at 0.74320. Bearish Preference: Sell position is envisaged if price trades below 0.73730 with take profit at 0.73548. Fundamentals:USD 1:30 PM Advance GDP q/q                       Advance GDP          …

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Daily Market Analysis 29/07/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 35048 with take profit at 35079. Bearish Preference: Sell position is envisaged if price trades below 34910 with take profit at 34882. Fundamentals:USD 1:30 PM Advance GDP q/q                       Advance GDP            …

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Daily Market Analysis 29/07/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39565 with take profit at 1.39772. Bearish Preference: Sell position is envisaged if price trades below 1.39199 with take profit at 1.38992. Fundamentals:USD 1:30 PM Advance GDP q/q                       Advance GDP            …

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Daily Market Analysis 29/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1820.84 with take profit at 1822.54. Bearish Preference: Sell position is envisaged if price trades below 1813.32 with take profit at 1811.62. Fundamentals:USD 1:30 PM Advance GDP q/q                       Advance GDP          …

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Daily Market Analysis 28/07/2021:

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15001.64 with take profit at 15027.61. Bearish Preference: Sell position is envisaged if price trades below 14947.90 with take profit at 14920.14. Fundamentals:7:00pm    USD FOMC Statement Comment: Wall Street snapped a five-session winning streak on Tuesday before a policy update from the Federal Reserve, though things …

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Daily Market Analysis 28/07/2021:

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.19 with take profit at 74.40. Bearish Preference: Sell position is envisaged if price trades below 73.44 with take profit at 73.22. Fundamentals:3:30pm    USD Crude Oil Inventories Comment: Oil rose towards $75 a barrel on Wednesday ahead of an industry report expected to show U.S. crude …

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Daily Market Analysis 28/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18231 with take profit at 1.18356. Bearish Preference: Sell position is envisaged if price trades below 1.17953 with take profit at 1.17831. Fundamentals:7:00pm    USD FOMC Statement Comment: The dollar edged higher in early European trading Wednesday, but remained below recent highs amid caution ahead of the …

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Daily Market Analysis 28/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1805.74 with take profit at 1807.65. Bearish Preference: Sell position is envisaged if price trades below 1802.96 with take profit at 1800.89. Fundamentals:7:00pm    USD FOMC Statement Comment: Gold seesawed between tepid gains/minor losses and finally settled with modest gains on Tuesday. The Federal Reserve is …

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