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Daily Analysis

Daily Market Analysis 18/06/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.53 with take profit at 1796.53. Bearish Preference: Sell position is envisaged if price trades below 1777.31 with take profit at 1769.29. Fundamentals:None with high impact on the commodity. Comment: the yellow metal is set to close the week at its lowest level since March …

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Daily Market Analysis 17/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.935 with take profit at 111.064. Bearish Preference: Sell position is envisaged if price trades below 110.475 with take profit at 110.371. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index              USD    Unemployment Claims Comment: The greenback maintained its strong stance through the …

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Daily Market Analysis 17/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13954.42 with take profit at 13973.12. Bearish Preference: Sell position is envisaged if price trades below 13888.49 with take profit at 13867.83. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index             USD    Unemployment Claims Comment: U.S. stocks were indicated modestly lower Thursday morning, a day …

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Daily Market Analysis 17/06/2021: GOLD

Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1826.07 with take profit at 1834.06. Bearish Preference: Sell position is envisaged if price trades below 1800.54 with take profit at 1789.24. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index             USD    Unemployment Claims Comment: Gold was down on Thursday morning in Asia but staged …

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Daily Market Analysis 17/06/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23088 with take profit at 1.23248. Bearish Preference: Sell position is envisaged if price trades below 1.22459 with take profit at 1.22283. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index              USD    Unemployment Claims Comment: The dollar rose in early European trade Thursday, …

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Daily Market Analysis 16/06/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34354 with take profit at 34434. Bearish Preference: Sell position is envisaged if price trades below 34166 with take profit at 34089. Fundamentals:USD 7:00 pm FOMC Economic Projections                       FOMC Statement                  …

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Daily Market Analysis 16/06/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1862.15 with take profit at 1865.04. Bearish Preference: Sell position is envisaged if price trades below 1849.85 with take profit at 1846.80. Fundamentals:USD 7:00 pm FOMC Economic Projections                       FOMC Statement              …

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Daily Market Analysis 16/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  14076.17 with take profit at 14098.76. Bearish Preference: Sell position is envisaged if price trades below  13996.34 with take profit at 13970.12. Fundamentals:USD 7:00 pm FOMC Economic Projections                       FOMC Statement                  …

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Daily Market Analysis 16/06/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41305 with take profit at 1.41441. Bearish Preference: Sell position is envisaged if price trades below 1.40967 with take profit at 1.40839. Fundamentals:USD 7:00 pm FOMC Economic Projections                       FOMC Statement                      …

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Daily Market Analysis 15/06/2021: EURGBP

Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.86270 with take profit at 0.86342. Bearish Preference: Sell position is envisaged if price trades below 0.86115 with take profit at 0.86046. Fundamentals:1:15 pm GBP    BOE Gov Bailey Speaks Comment: Europe’s vaccination campaign continues at full speed and COVID-19 cases continue falling. The Delta variant is spreading …

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