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Daily Analysis

Daily Market Analysis 10.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1873.64 with take profit at  1874.43. Bearish Preference: A Sell position is envisaged if the price trades below price 1870.18 with take profit at 1869.46. Fundamentals:None with high impact Comment: Gold prices, and to a lesser extent silver, have been focusing on the upside …

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Daily Market Analysis 09.01.2023: USDCHF

Instrument: USDCHF Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 0.92462 with take profit at 0.92618 Bearish Preference: Sell position is envisaged if price trades  below 0.92118 with take profit at 0.91953 Fundamentals:None with high impact Comment: The U.S. dollar on Monday neared its lowest in seven months against other major currencies, after data last week suggested …

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Daily Market Analysis 09.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1882.39 with take profit at 1889.23 Bearish Preference: A Sell position is envisaged if the price trades below 1858.00 with take profit at 1851.65 Fundamentals:None with high impact Comment: Gold prices rose on Monday, sticking to a seven-month high after signs of a cooling jobs …

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Daily Market Analysis 09.01.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 80.11 with take profit at 80.44 Bearish Preference: A Sell position is envisaged if the price trades below 79.25 with take profit at 78.87 Fundamentals:None with high impact Comment: Oil prices climbed today as the borders reopened in China, the world’s top crude importer, boosting …

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Daily Market Analysis 09.01.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.06977 with take profit at 1.07194 Bearish Preference: Sell position is envisaged if price trades  below 1.06440 with take profit at 1.06327 Fundamentals:None with high impact Comment: The U.S. dollar seems steady on Monday as investors digested a clutch of economic data released last week that stoked …

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Daily Market Analysis 06.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1842.51 with take profit at 1845.09 Bearish Preference: A Sell position is envisaged if the price trades below 1831.84 with take profit at 1829.65 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: Gold prices hovered near seven-month highs on Friday as …

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Daily Market Analysis 06.01.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 10820.16 with take profit at 10847.32 Bearish Preference: Sell position is envisaged if price trades  below 10752.18 with take profit at 10732.08 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: On the Nasdaq 100 the largest gainer was U.S. shares of JD (NASDAQ:JD).Com Inc, which …

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Daily Market Analysis 01.06.2023: OIL

Instrument: OIL Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 79.94 with take profit at 80.26 Bearish Preference: A Sell position is envisaged if the price trades below 78.46 with take profit at 78.06 Fundamentals:No major fundamental  Comment: Oil prices rose as much as $1 on Friday, extending gains from the previous session, supported by …

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Daily Market Analysis 01.06.2023: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14570.6 with take profit at 14586.9 Bearish Preference: Sell position is envisaged if price trades  below 14527.9 with take profit at 14510.7 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: European stock markets traded in a mixed fashion Thursday, as investors digested disappointing …

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Daily Market Analysis 05.01.2023: OIL

Instrument: OIL Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 78.93 with take profit at 79.45 Bearish Preference: A Sell position is envisaged if the price trades below price 78.15 with take profit at 77.65 Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: Oil rebounds on weaker dollar; economy concerns cap upside Oil prices rebounded on Thursday …

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