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Daily Market Analysis 28.01.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 88.94 with take profit at 89.22 . Bearish Preference: Sell position is envisaged if price trades below 88.36 with take profit at 87.99. Fundamentals:No major fundamental Comment: Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue …

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Daily Market Analysis 27.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14330.79 with take profit at 14436.39. Bearish Preference: Sell position is envisaged if price trades below 13990.63 with take profit at 13886.57. Fundamentals:2:30pm USD Advance GDP q/q Comment: Stock futures fell early Thursday after the Dow Jones Industrial Average and S&P 500 turned lower overnight following a …

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Daily Market Analysis 27.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1813.43 with take profit at 1815.94. Bearish Preference: Sell position is envisaged if price trades below 1807.55  with take profit at 1805.38. Fundamentals:2:30pm USD Advance GDP q/q  Comment: Gold was down on Thursday morning in Asia, extending its losses after falling the most in two months. Investors …

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Daily Market Analysis 27.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34417 with take profit at 1.34568. Bearish Preference: Sell position is envisaged if price trades below 1.34028 with take profit at 1.33874. Fundamentals:2:30pm USD Advance GDP q/q Comment: The dollar was up on Thursday morning in Asia, hitting multi-week highs. The safe-haven U.S. currency got a boost after …

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Daily Market Analysis 27.01.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 88.64 with take profit at 88.92. Bearish Preference: Sell position is envisaged if price trades below 87.92 with take profit at 87.62. Fundamentals:No Major Fundamental Comment: Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the U.S. Federal Reserve will tighten monetary …

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Daily Market Analysis 26.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1848.13 with take profit at 1850.26 . Bearish Preference: Sell position is envisaged if price trades below 1841.74 with take profit at 1839.29 . Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: After having more than doubled the size of its balance sheet to over $9 …

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Daily Market Analysis 26.01.2022: GOLD

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 88.16 with take profit at 88.48 . Bearish Preference: Sell position is envisaged if price trades below 87.41 with take profit at 87.04. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil rose towards $89 a barrel on Wednesday, within sight of a seven-year high, supported by tight …

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Daily Market Analysis 26.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35240 with take profit at 1.35360. Bearish Preference: Sell position is envisaged if price trades below 1.34873 with take profit at 1.34723. Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: Although the pre-Fed anxiety becomes the key burden weighing down the pair prices, downbeat …

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Daily Market Analysis 26.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14303.26 with take profit at 14372.42. Bearish Preference: Sell position is envisaged if price trades below 14098.67 with take profit at 14032.40. Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: Stocks were mostly up on Wednesday morning steadying after U.S. counterparts ended another volatile session. However, …

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Daily Market Analysis 25.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1840.46 with take profit at 1842.43 . Bearish Preference: Sell position is envisaged if price trades below 1835.99 with take profit at 1833.84. Fundamentals:4:00pm USD CB Consumer Confidence Comment: Gold futures are edging lower on Tuesday, as concerns about a faster pace of policy tightening by …

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