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Daily Analysis

Daily Market Analysis 09.02.2023: OIL

Instrument: OILs+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 85.08 with take profit at 85.57 Bearish Preference: A Sell position is envisaged if the price trades below 84.14 with take profit at 83.67 Fundamentals: No high-impact news affecting the instrument. Comment: Oil prices dip in U.S. trading as stockpiles swell Crude oil prices edged to new …

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Daily Market Analysis 09.02.2023: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 131.216  with take profit at 131.498 Bearish Preference: A Sell position is envisaged if the price trades below 130.854  with take profit at 130.580 Fundamentals: No high impact news affecting the instrument.   Comment: Most Asian currencies fell on Thursday, while the dollar steadied on hawkish comments from a slew …

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Daily Market Analysis 09.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1887.11 with take profit at 1894.10 Bearish Preference: A Sell position is envisaged if the price trades below 1873.69 with take profit at 1866.37 Fundamentals: No high-impact news affecting the instrument.   Comment: European stock markets are expected to edge higher at the open Thursday, as investors digested …

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Daily Market Analysis 08.02.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12785.34  with take profit at 12800.44 Bearish Preference: A Sell position is envisaged if the price trades below 12707.13  with take profit at 12688.26 Fundamentals: 3:15pm USD FOMC Member Williams Speaks  Comment: Nasdaq 100 poised for its fifth straight up week. Another possibility is that memories of one lucky …

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Daily Market Analysis 08.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1884.42  with take profit at 1885.49 Bearish Preference: A Sell position is envisaged if the price trades below 1880.48 with take profit at 1878.88 Fundamentals: 3:15pm USD FOMC Member Williams Speaks  Comment: Gold prices steadied on Wednesday following somewhat mixed signals on monetary policy from the Federal Reserve. …

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Daily Market Analysis 08.02.2023: USDCAD

USDCAD Analysis

Instrument: USDCAD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.33991 with take profit at 1.34125 Bearish Preference: A Sell position is envisaged if the price trades below 1.33692 with take profit at 1.33516 Fundamentals: 3:15pm USD FOMC Member Williams Speaks  Comment: The U.S. dollar slipped lower in early European trade Tuesday, consolidating after recent gains ahead …

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Daily Market Analysis 08.02.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.07552 with take profit at 1.07784 Bearish Preference: A Sell position is envisaged if the price trades below 1.07172 with take profit at 1.06904 Fundamentals: 3:15pm USD FOMC Member Williams Speaks  Comment: European stock markets are expected to open largely higher Wednesday, as investors digested comments from …

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Daily Market Analysis 07.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1969.1 with take profit at 1971.7 Bearish Preference: A Sell position is envisaged if the price trades below 1962.1 with take profit at 1959.0 Fundamentals:6PM USD Fed Chair Powell Speaks Comment: U.S. stocks ended lower on Monday as investors shifted gears after considering the possibility that the …

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Daily Market Analysis 07.02.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12617.00 with take profit at 12676.03 Bearish Preference: A Sell position is envisaged if the price trades below 12417.00 with take profit at 12315.16 Fundamentals:6PM USD Fed Chair Powell Speaks Comment: U.S. stocks ended lower on Monday as investors shifted gears after considering the possibility that the …

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Daily Market Analysis 07.02.2023: US30

Instrument: US30 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 33967 with take profit at 33998 Bearish Preference: A Sell position is envisaged if the price trades below 33899 with take profit at  33864 Fundamentals:6PM USD Fed Chair Powell Speaks     Comment: U.S. stocks ended lower on Monday as investors shifted gears after considering the possibility …

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