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Daily Analysis

Daily Market Analysis 02.09.2022: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1705.01 with take profit at  1707.56. Bearish Preference: A Sell position is envisaged if price trades below price 1699.83 with take profit at 1697.54. Fundamentals:1:30pm    USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate   Comment: The bears in gold have been pushing …

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Daily Market Analysis 02.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 1.15793 with take profit at  1.15996. Bearish Preference: A sell position is envisaged if price trades below price 1.15221 with take profit at 1.15072. Fundamentals:1:30pm    USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment:The U.S. dollar edged lower in early European …

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Daily Market Analysis 31.08.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 12506.15 with take profit at 12541.05 Bearish Preference: A Sell position is envisaged if price trades below price 12386.67 with take profit at 12357.14 Fundamentals:1:00pm     USD    FOMC Member Mester Speaks1:15pm     USD    ADP Non-Farm Employment Change Comment: The second half of August …

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Daily Market Analysis 31.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1717.06 with take profit at 1719.38 Bearish Preference: A Sell position is envisaged if price trades below price 1708.05 with take profit at 1705.36 Fundamentals:1:00pm     USD    FOMC Member Mester Speaks1:15pm     USD    ADP Non-Farm Employment Change Comment: Gold prices fell on Wednesday …

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Daily Market Analysis 31.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1727.61 with take profit at 1731.85 Bearish Preference: A Sell position is envisaged if price trades below price 1718.82 with take profit at 1714.83 Fundamentals:1:00pm     USD    FOMC Member Mester Speaks1:15pm     USD    ADP Non-Farm Employment Change Comment: Gold prices fell on Wednesday …

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Daily Market Analysis 31.08.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 99.18 with take profit at 99.86 Bearish Preference: A Sell position is envisaged if price trades below price 96.56 with take profit at 95.61 Fundamentals:No Major fundamental Comment: Oil prices recovered slightly on Wednesday as data pointed to firm U.S. fuel demand, providing respite after a 5% …

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