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Daily Analysis

Daily Market Analysis 05.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1853.15 with take profit at 1856.55 Bearish Preference: Sell position is envisaged if price trades  below 1843.27with take profit at 1840.20 Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: European stock futures edge lower; Eurozone PPI in focus European stock markets are expected to open marginally lower Thursday, …

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Daily Market Analysis 04.01.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11027.69 with take profit at 11045.08 Bearish Preference: Sell position is envisaged if price trades  below 10999.06 with take profit at10982.31 Fundamentals:4:00pm  USD ISM Manufacturing PMI              USD JOLTS Job Openings8:00pm USD FOMC Meeting Minutes Comment: The Nasdaq 100 had a less favorable …

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Daily Market Analysis 04.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1860.93 with take profit at 1863.69 Bearish Preference: A Sell position is envisaged if the price trades below price 1854.50 with take profit at 1850.71 Fundamentals:4:00pm  USD ISM Manufacturing PMI              USD JOLTS Job Openings8:00pm USD FOMC Meeting Minutes Comment: Gold prices hovered …

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Daily Market Analysis 04.01.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.06443 with take profit at 1.06607 Bearish Preference: Sell position is envisaged if price trades  below 1.06039 with take profit at 1.05919 Fundamentals:4:00pm USD  ISM Manufacturing              USD  JOLTS Job Openings 8:00pm USD FOMC Meeting Minutes Comment: European stock markets are expected …

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Daily Market Analysis 04.01.2023: US30

Instrument: US30 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 33370 with take profit at 33410 Bearish Preference: A Sell position is envisaged if the price trades below price 33293 with take profit at 33258 Fundamentals:4:00pm USD  ISM Manufacturing              USD  JOLTS Job Openings 8:00pm USD FOMC Meeting Minutes Comment: U.S. …

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Daily Market Analysis 03.01.2023: US2000

Instrument: US2000 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1790.8 with take profit at 1796.6 Bearish Preference: Sell position is envisaged if price trades  below 1785.9 with take profit at  1779.0 Fundamentals:No major fundamental Comment: U.S. stock index futures rose on Tuesday, the first trading day of 2023, as investors await a slew of economic …

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Daily Market Analysis 03.01.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 11107.31 with take profit at 11153.34 Bearish Preference: A Sell position is envisaged if the price trades below price 11021.21 with take profit at  10951.64 Fundamentals:No Major Fundamentals  Comment: U.S. stock index futures rose on Tuesday, the first trading day of 2023, as investors …

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Daily Market Analysis 03.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1848.57 with take profit at  1851.57 Bearish Preference: A Sell position is envisaged if the price trades below price 1843. with take profit at 1840.09. Fundamentals:No Major Fundamentals  Comment: Gold is continuing to hover around $1,800, where it has traded roughly $30 on either …

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Daily Market Analysis 03.01.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above   86.43 with take profit at 86.75. Bearish Preference: Sell position is envisaged if price trades  below 85.76 with take profit at  85.51. Fundamentals:No major fundamental Comment: Oil prices are dropping for a second day, erasing some more of the pre-Christmas rally amid uncertainty over the …

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Daily Market Analysis 29.12.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.20590 with take profit at 1.20824. Bearish Preference: A Sell position is envisaged if price trades below price 1.19873 with take profit at 1.19659. Fundamentals:No Major Fundamentals  Comment: The dollar pared some gains on Thursday after riding long-end U.S. Treasury yields higher overnight, though investors …

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