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Daily Analysis

Daily Market Analysis 24.01.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.09325 with take profit at 1.09512 Bearish Preference: A Sell position is envisaged if the price trades below 1.08792 with take profit at 1.08634 Fundamentals:6:45pm EUR ECB President Lagarde Speaks Comment: The euro hit its highest level against the dollar in nine months as U.S. economic …

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Daily Market Analysis 24.01.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 11704.79 with take profit at 11734.44 Bearish Preference: A Sell position is envisaged if the price trades below 11642.70 with take profit at 11614.61 Fundamentals:None with high impact Comment: The tech-heavy Nasdaq 100 index has gained nearly 6.2% in 2023. Shares of some megacap companies …

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Daily Market Analysis 24.01.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 11958.99 with a take profit at  11973.26 Bearish Preference: A Sell position is envisaged if the price trades below 11903.60 with take profit at 11885.62 Fundamentals:3:45 PM  USD Flash Services PMI   Comment: U.S. stocks are set for a quiet opening to the week, in …

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Daily Market Analysis 24.01.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.08966 with take profit at 1.09051 Bearish Preference: A Sell position is envisaged if the price trades below 1.08782 with take profit at  1.08703 Fundamentals:3:45 PM  USD Flash Services PMI Comment: The dollar fell to its lowest in nine months on rising expectations that the Federal …

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Daily Market Analysis 20.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1931.87 take profit at 1934.22 Bearish Preference: A Sell position is envisaged if the price trades below 1922.07 take profit at 1919.90 Fundamentals:All Day WEF Annual Meetings Comment: Gold prices hovered at a nine-month high on Friday after a sharp rally in the prior session, and …

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Daily Market Analysis 20.01.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 11436.55 take profit at 11450.99 Bearish Preference: A Sell position is envisaged if the price trades below 11352.01 take profit at 11332.42 Fundamentals:All Day WEF Annual Meetings Comment: The dollar hovered around seven-month lows on Friday as a slew of data feeds concern among investors that …

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Daily Market Analysis 20.01.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 86.94 take profit at 87.14 Bearish Preference: A Sell position is envisaged if the price trades below 86.08 take profit at 85.89 Fundamentals:All Day WEF Annual Meetings Comment: Oil prices were set to post a second straight weekly gain on Friday, spurred largely by brightening economic …

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Daily Market Analysis 20.01.2023: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 15111.4 take profit at 15127.1 Bearish Preference: A Sell position is envisaged if the price trades below 15039.4 take profit at 15025.0 Fundamentals:All Day WEF Annual Meetings Comment: European stock markets are expected to open higher Friday, with investors attempting to maintain January’s positive tone amid …

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Daily Market Analysis 19.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1913.24  with take profit at  1916.68 Bearish Preference: A Sell position is envisaged if the price trades below 1908.59  with take profit at 1904.89 Fundamentals:No major fundamental affecting the instrument. Comment: Gold prices recovered slightly from a two-day losing streak on Thursday amid growing uncertainty over a …

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