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Daily Analysis

Daily Market Analysis 07.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1876.62 with take profit at  1878.48 Bearish Preference: A Sell position is envisaged if the price trades below 1871.74 with take profit at 1870.00 Fundamentals:6PM USD Fed Chair Powell Speaks     Comment: Gold prices steadied at a near one-month low on Tuesday amid continued pressure from …

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Daily Market Analysis 06.02.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 80.88 with take profit at 81.14 Bearish Preference: A Sell position is envisaged if the price trades below 80.07 with take profit at  79.76 Fundamentals:No major fundamental Comment: Oil prices inched up on Monday after falling 8% last week to more than three-week lows as …

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Daily Market Analysis 06.02.2023: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 15437.2 with take profit at 15459.1 Bearish Preference: A Sell position is envisaged if the price trades below 15375.2 with take profit at  15349.3 Fundamentals:No major fundamental  Comment: European equities were broadly lower on Friday, as investors poured over disappointing results from major tech sector players …

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Daily Market Analysis 03.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1919.54 with take profit at 1923.33 Bearish Preference: A Sell position is envisaged if the price trades below 1906.84 with take profit at  1903.63 Fundamentals:2:30pm USD Average Hourly Earnings m/m        USD Non-Farm Employment Change        USD Unemployment Rate4:00pm   …

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Daily Market Analysis 03.02.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12775.72 with take profit at 12830.81 Bearish Preference: A Sell position is envisaged if the price trades below 12513.45 with take profit at  12458.35 Fundamentals:2:30pm USD Average Hourly Earnings m/m        USD Non-Farm Employment Change        USD Unemployment Rate4:00pm     …

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Daily Market Analysis 03.02.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above1.09264 with take profit at 1.09451 Bearish Preference: A Sell position is envisaged if the price trades below 1.08781 with take profit at  1.08586 Fundamentals:2:30pm USD Average Hourly Earnings m/m        USD Non-Farm Employment Change        USD Unemployment Rate4:00pm     …

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Daily Market Analysis 03.02.2023: OIL

Instrument: OILS Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 82.61 with take profit at 83.05 Bearish Preference: A Sell position is envisaged if the price trades below 81.03 with take profit at  80.40 Fundamentals:2:30pm USD Average Hourly Earnings m/m        USD Non-Farm Employment Change        USD Unemployment Rate4:00pm     …

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Daily Market Analysis 31.01.2023: USDCHF

Instrument: USDCHF Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 0.92930 with take profit at 0.93108 Bearish Preference: A Sell position is envisaged if the price trades below 0.92550 with take profit at  0.92399 Fundamentals:4PM USD CB Consumer Confidence       Comment: The Swiss franc weakened to 0.92 per USD from the 1-year high of …

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Daily Market Analysis 31.01.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.08445 with take profit at 1.08557 Bearish Preference: A Sell position is envisaged if the price trades below 1.08283 with take profit at  1.08083 Fundamentals:4PM USD CB Consumer Confidence        Comment: On Thursday, the European Central Bank and Bank of England will also unveil their latest interest rate announcements. Both are …

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Daily Market Analysis 31.01.2023: US30

Instrument: US30 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 33815 with take profit at 33839 Bearish Preference: A Sell position is envisaged if the price trades below 33749 with take profit at  33725 Fundamentals:4PM USD CB Consumer Confidence Comment: Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other …

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