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Daily Market Analysis 12.10.2023: GOLD

Instrument: GOLD Bullish Preference: Buy position is envisaged if price trades above 1887.40 with take profit at 1893.47 Bearish Preference: Sell position is envisaged if price trades below 1877.22 with take profit at 1871.15 Fundamentals:1:30pmUSD Core CPI m/mUSD CPI m/mUSD CPI y/yUSD Unemployment Claims    Comment: Gold reached a two-week high on Wednesday, surging by 0.73% despite higher-than-expected U.S. Producer …

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Daily Market Analysis 12.10.2023: USDIDX

Instrument: USDIDX Bullish Preference: Buy position is envisaged if price trades above 105.573 with take profit at 105.706 Bearish Preference: Sell position is envisaged if price trades below 105.261 with take profit at 105/089 Fundamentals:1:30pmUSD Core CPI m/mUSD CPI m/mUSD CPI y/yUSD Unemployment Claims                  Comment: The dollar meandered near a two-week low …

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Daily Market Analysis 12.10.2023: EURUSD

Instrument: EURUSD Bullish Preference: Buy position is envisaged if price trades above 1.06398 with take profit at 1.06540. Bearish Preference: Sell position is envisaged if price trades below 1.06184 with take profit at 1.06050. Fundamentals:1:30pmUSD Core CPI m/mUSD CPI m/mUSD CPI y/yUSD Unemployment Claims                   Comment: Markets wagered that U.S. rates have peaked …

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Daily Market Analysis 11.10.2023: US100

Instrument: US100 Bullish Preference: Buy position is envisaged if price trades above 15399.65 with take profit at 15436.27 Bearish Preference: Sell position is envisaged if price trades below 15293.07 with take profit at 15257.87 Fundamentals:1:30pm USD Core PPI m/mUSD PPI m/m3:15pm USD FOMC Member Waller Speaks7:00pm USD FOMC Meeting Minutes                   Comment: U.S. …

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Daily Market Analysis 11.10.2023: USDCAD

USDCAD Analysis

Instrument: USDCAD Bullish Preference: Buy position is envisaged if price trades above 1.36226 With take profit at 1.36530 Bearish Preference: Sell position is envisaged if price trades below 1.35560 with Take profit at 1.35214 Fundamentals:1:30pm USD Core PPI m/mUSD PPI m/m3:15pm USD FOMC Member Waller Speaks7:00pm USD FOMC Meeting Minutes                   Comment: The annual …

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Daily Market Analysis 11.10.2023: USDIDX

Instrument: USDIDX Bullish Preference: Buy position is envisaged if price trades above 105.630 With take profit at 105.837 Bearish Preference: Sell position is envisaged if price trades below 105.279 with Take profit at 105.082 Fundamentals:1:30pm USD Core PPI m/mUSD PPI m/m3:15pm USD FOMC Member Waller Speaks7:00pm USD FOMC Meeting Minutes                   Comment:Emerging markets …

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