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Daily Market Analysis 09.05.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.26078 with a take profit at 1.26181. Bearish Preference: A sell position is envisaged if the price trades below price 1.25891 with a take profit at 1.25649. Fundamentals:None with High Impact Comment: The U.S. dollar edged higher in early European trade Tuesday, while sterling …

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Daily Market Analysis 09.05.2023: US100

Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 13305.29 with take profit at  13317.29. Bearish Preference: A sell position is envisaged if the price trades below 13275.10 with take profit at 13259.36. Fundamentals:None with High Impact Comment:U.S. stocks are seen opening marginally lower Tuesday, as investors cautiously await the release of …

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Daily Market Analysis 09.05.2023: GOLD

Instrument: GOLD+ Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 2024.54 with take profit at  2025.50 Bearish Preference: A sell position is envisaged if the price trades below 2021.23 with take profit at 2020.31 Fundamentals:None with High Impact Comment: Gold prices steadied above key levels on Tuesday, keeping to slim trading ranges as traders awaited …

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Daily Market Analysis 08.05.2023: NZDUSD

Instrument: NZDUSD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 0.63578 with take profit at 0.63795. Bearish Preference: A sell position is envisaged if the price trades below 0.63260 with take profit at 0.63017. Fundamentals:None with High Impact Comment: Most Asian currencies moved in a flat-to-low range on Monday as robust U.S. labor data fueled expectations …

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Daily Market Analysis 08.05.2023: US100

Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 13341.87 with take profit at 13355.37. Bearish Preference: A sell position is envisaged if the price trades below 13289.25  with take profit at 13263.67. Fundamentals:None with High Impact Comment: U.S. stock index futures edged higher on Monday ahead of a key inflation reading during the week …

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Daily Market Analysis 08.05.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.26608 with take profit at 1.26803. Bearish Preference: A sell position is envisaged if the price trades below 1.26133 with take profit at 1.25963. Fundamentals:None with High Impact Comment:The dollar retreated in early European trading on Monday, as investors looked ahead to the …

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Daily Market Analysis 05.05.2023: US100

Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 13181.88 with take profit at 13221.59. Bearish Preference: A sell position is envisaged if the price trades below price 13061.85 with take profit at 13028.32. Fundamentals:1:30pmUSD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: Total nonfarm payroll employment rose by 253,000 in …

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Daily Market Analysis 05.05.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.26030 with take profit at 1.26185. Bearish Preference: A sell position is envisaged if the price trades below price 1.25743 with take profit at 1.25571. Fundamentals:1:30pmUSD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment:The data published by the US Bureau of …

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