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Daily Market Analysis 16.03.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.06409  with take profit at 1.06676 Bearish Preference: A Sell position is envisaged if the price trades below 1.06167  with take profit at 1.05884 Fundamentals:1:30pm USD Unemployment Claims Comment: The difficulties in the global banking sector has put the spotlight on the European Central Bank’s meeting later in the session. …

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Daily Market Analysis 16.03.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1925.80 with take profit at 1933.12 Bearish Preference: A Sell position is envisaged if the price trades below 1914.12 with take profit at  1908.86 Fundamentals:1:30pm USD Unemployment Claims Comment:European stock futures surge higher; Credit Suisse shores up position European stock markets are expected to open …

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Daily Market Analysis 15.03.2023: OIL

Instrument: OILS Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 78.81 with take profit at 79.45 Bearish Preference: A Sell position is envisaged if the price trades below 77.97 with take profit at  77.33 Fundamentals:None with High Impact Comment:Oil prices rebounded more than 1% on Wednesday, recovering from the previous day’s plunge, as a stronger …

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Daily Market Analysis 15.03.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12258.88 with take profit at 12328.03 Bearish Preference: A Sell position is envisaged if the price trades below 12169.08 with take profit at 12128.67 Fundamentals: 1:30pm USD Core PPI m/mUSD Core Retail Sales m/mUSD Empire State Manufacturing IndexUSD PPI m/m USD Retail Sales m/m   Comment:  U.S. stocks …

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Daily Market Analysis 14.03.2023: GOLD

Instrument: GOLD  Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1908.84 with take profit at  1912.61 Bearish Preference: A Sell position is envisaged if the price trades below 1898.87 with take profit at 1894.29 Fundamentals: 2:30PM     USD:  CPI m/m              Core CPI m/m    Comment: Gold made a six-week high overnight …

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Daily Market Analysis 14.03.2023: OIL

Instrument: OILS Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 79.85 with take profit at 80.06 Bearish Preference: A Sell position is envisaged if the price trades below 78.94 with take profit at  98.71 Fundamentals:None with High Impact Comment:crude oil prices fell 2.55% on Monday as market volatility remained elevated in the fallout of last …

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Daily Market Analysis 13.03.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.21572 with take profit at 1.22331 Bearish Preference: A Sell position is envisaged if the price trades below 1.20381 with take profit at 1.19980 Fundamentals:None with High Impact Comment:The U.S. dollar slipped lower in early European trade Monday as traders reassessed the likelihood of another …

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Daily Market Analysis 13.03.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12024.67 with take profit at 12084.50 Bearish Preference: A Sell position is envisaged if the price trades below 11855.74 with take profit at 11789.85 Fundamentals:None with High Impact Comment: U.S. stocks are seen opening higher Monday, as investors digested the moves over the weekend to protect …

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