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Daily Market Analysis 11.07.2023: EURJPY

Instrument: EURJPY Bullish Preference: A buy position is envisaged if the price trades above 155.220 with take profit at 155.407 Bearish Preference: A sell position is envisaged if the price trades below 1540.619 with take profit at  154.396. Fundamentals:None with High Impact                Comment:  The Japanese central bank remains perhaps the clearest major economy …

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Daily Market Analysis 10.07.2023: GBPJPY

Instrument: GBPJPY Bullish Preference: A buy position is envisaged if the price trades above 182.352 with take profit at 182.819. Bearish Preference: A sell position is envisaged if the price trades below 181.353 with take profit at 180.793. Fundamentals:4:00pm GBP BOE Gov Bailey Speaks Comment: The pound retreated on Monday but remained in sight of last week’s 15-month highs against …

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Daily Market Analysis 10.07.2023: GOLD

Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1926.58 with take profit at 1930.16. Bearish Preference: A sell position is envisaged if the price trades below 1915.66 with take profit at 1912.35. Fundamentals:No high impact fundamental affecting the instrument Comment: The gold price has started the week holding onto the gains seen on Friday …

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Daily Market Analysis 10.07.2023: EURJPY

Instrument: EURJPY Bullish Preference: A buy position is envisaged if the price trades above 156.087 with take profit at 156.200. Bearish Preference: A sell position is envisaged if the price trades below 155.694 with take profit at 155.542. Fundamentals:None with High Impact Comment: Exports, a key driver of the Japanese economy, marked their first year-on-year drop in 27 months amid …

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