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Daily Market Analysis 12/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15041.19 with take profit at 15047.62. Bearish Preference: Sell position is envisaged if price trades below 15006.14 with take profit at 14998.37. Fundamentals:USD 1:30PM   PPI m/m                       Core PPI m/m              …

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Daily Market Analysis 12/08/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.549 with take profit at 110.659. Bearish Preference: Sell position is envisaged if price trades below 110.256 with take profit at 110.118. Fundamentals:USD 1:30PM   PPI m/m                       Core PPI m/m            …

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Daily Market Analysis 12/08/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.76 with take profit at 71.99. Bearish Preference: Sell position is envisaged if price trades below 70.90 with take profit at 70.63. Fundamentals:No major fundamental Comment: Oil prices were steady on Thursday following two days of gains after a call from the United States, the …

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Daily Market Analysis 11/08/2021:

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15033.57 with take profit at 15045.43. Bearish Preference: Sell position is envisaged if price trades below 14999.42 with take profit at 14983.45. Fundamentals:1:30pm     USD CPI m/m                 USD Core CPI m/m Comment: Stock indices are mixed as Wall Street awaits July …

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Daily Market Analysis 11/08/2021: OILS

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.40 with take profit at 70.59. Bearish Preference: Sell position is envisaged if price trades below 69.36 with take profit at 69.16. Fundamentals:3:30pm    USD Crude Oil Inventories Comment: Oil fell below $70 a barrel on Wednesday, pressured by a CNBC report that the White House will call …

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Daily Market Analysis 11/08/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17277 with take profit at 1.17407. Bearish Preference: Sell position is envisaged if price trades below 1.16992 with take profit at 1.16837. Fundamentals:1:30pm     USD CPI m/m                 USD Core CPI m/m Comment: The dollar strengthened in early European trading Wednesday, extending …

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Daily Market Analysis 11/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1739.60 with take profit at 1741.60. Bearish Preference: Sell position is envisaged if price trades below 1722.55 with take profit at 1720.55. Fundamentals:1:30pm     USD CPI m/m                 USD Core CPI m/m Comment: Gold was up on Wednesday morning in Asia …

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Daily Market Analysis 10/08/2021: OILS

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.44 with take profit at 70.72. Bearish Preference: Sell position is envisaged if price trades below 69.42 with take profit at 69.13. Fundamentals:No Major Fundamental Comment: Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as the …

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Daily Market Analysis 10/08/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17409 with take profit at 1.17560. Bearish Preference: Sell position is envisaged if price trades below 1.17122 with take profit at 1.16971. Fundamentals:No Major Fundamental Comment: The disappointing ZEW Survey readings from the euro area seems to be weighing on the shared currency on Tuesday. The …

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Daily Market Analysis 10/08/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 35023 with take profit at 35055. Bearish Preference: Sell position is envisaged if price trades below 34931 with take profit at 34900. Fundamentals:No Major Fundamental Comment: The Dow jones started the week with a dip as fuel demand worries during a resurgent pandemic sent energy stocks lower but …

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