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Daily Market Analysis: 03.04.2023: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 1965.08 with take profit at 1969.96 Bearish Preference: A sell position is envisaged if the price trades below price 1948.51 with take profit at 1944.66 Fundamentals:3:00pm USD ISM Manufacturing PMI   Comment:Gold prices pulled back on Monday as markets locked in some profits …

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Daily Market Analysis 31.03.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 1.09110 with take profit at 1.09242. Bearish Preference: A sell position is envisaged if the price trades below price 1.08760 with take profit at 1.08601. Fundamentals:1:30pm USD Core PCE Price Index m/m   Comment:The U.S. dollar edged higher in early European trade Friday, …

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Daily Market Analysis 31.03.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 78.41 with take profit at 78.69 Bearish Preference: A sell position is envisaged if the price trades below price 77.76 with take profit at 77.47. Fundamentals:None with High Impact.  Comment: Oil prices moved little on Friday as Chinese business activity data offered mixed economic …

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Daily Market Analysis 30.03.2023: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1975.72 with take profit at  1979.65. Bearish Preference: A sell position is envisaged if the price trades below price 1963.38 with take profit at 1959.84. Fundamentals:1:30pmUSD Final GDP q/qUSD Unemployment Claims   Comment: Gold prices fell on Thursday as easing fears of a banking …

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Daily Market Analysis 30.03.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 1.08721 with take profit at  1.08900. Bearish Preference: A sell position is envisaged if the price trades below price 1.08352 with take profit at 1.08240. Fundamentals:1:30pmUSD Final GDP q/qUSD Unemployment Claims Comment:The U.S. dollar edged lower in early European trade Thursday, but volatility …

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Daily Market Analysis 29.03.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 1.08763 with take profit at 1.08913 Bearish Preference: A sell position is envisaged if the price trades below 1.08399 with take profit at 1.08260 Fundamentals:None with High Impact Comment:European stock markets traded higher Wednesday, with UBS leading the banking sector higher after the …

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Daily Market Analysis 29.03.2023: US100

Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 12873.32 with take profit at 12889.30. Bearish Preference: A sell position is envisaged if the price trades below 12812.74 with take profit at 12801.42. Fundamentals:None with High Impact Comment: The technical analysts see a pullback ahead for Nasdaq with a 2-week correction- a typical …

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Daily Market Analysis 29.03.2023: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 0.66950 with take profit at  0.67096 Bearish Preference: A sell position is envisaged if the price trades below price 0.66621 with take profit at 0.66413 Fundamentals:3PM USD CB Consumer Confidence Comment:  The U.S. dollar edged higher in early European trade Wednesday, attempting to arrest two …

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Daily Market Analysis 29.03.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above1965.80 with take profit at  1973.21 Bearish Preference: A sell position is envisaged if the price trades below1955.86 with take profit at 1948.79 Fundamentals:3PM USD CB Consumer Confidence Comment:Gold prices fell in Asian trade on Wednesday, coming under pressure from an overnight surge in …

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