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Daily Market Analysis 13.03.2023: OIL

Instrument: OILS Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 83.44 with take profit at 83.85 Bearish Preference: A Sell position is envisaged if the price trades below 82.78 with take profit at 82.43 Fundamentals:None with High Impact Comment: Oil prices rose slightly on Monday as a brewing banking crisis in the U.S. spurred expectations that …

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Daily Market Analysis 13.03.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.07453 with take profit at 1.07657 Bearish Preference: A Sell position is envisaged if the price trades below 1.07028 with take profit at 1.06775 Fundamentals:None with High Impact Comment:The U.S. authorities announced over the weekend that they would cover all depositors at Silicon Valley Bank …

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Daily Market Analysis 10.03.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12060.32 with take profit at 12089.47 Bearish Preference: A Sell position is envisaged if the price trades below 11964.14 with take profit at 11937.11 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment:U.S. stocks are seen opening mixed Friday, stabilizing after the …

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Daily Market Analysis 10.03.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1839.16 with take profit at 1841.78 Bearish Preference: A Sell position is envisaged if the price trades below 1830.30 with take profit at 1828.23 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar index was steady on Friday, a rare spot of calm …

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Daily Market Analysis 10.03.2023: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 15468.4 with take profit at 15487.3 Bearish Preference: A Sell position is envisaged if the price trades below 15389.2 with take profit at 15373.9 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: European stock markets traded lower Thursday, as investors digested weak …

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Daily Market Analysis 10.03.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 81.55 with take profit at 81.83 Bearish Preference: A Sell position is envisaged if the price trades below 80.58 with take profit at 80.37 Fundamentals:No major fundamental Comment:Fears of a slowdown in the U.S. economy have pressured crude oil prices, setting them for what could …

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Daily Market Analysis 08.03.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.05542 with take profit at 1.05756 Bearish Preference: A Sell position is envisaged if the price trades below 1.05245 with take profit at 1.04946 Fundamentals:4pm USD Fed Chair Powell Testifies         USD JOLTS Job Openings 7:01pm USD 10-y Bond Auction Comment: European stock markets are …

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Daily Market Analysis 08.03.2023:

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1816.53 with take profit at 1819.82 Bearish Preference: A Sell position is envisaged if the price trades below 1808.85 with take profit at 1806.47 Fundamentals:4pm USD Fed Chair Powell Testifies         USD JOLTS Job Openings 7:01pm USD 10-y Bond Auction Comment:Gold prices were flat …

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Daily Market Analysis 07.03.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 86.37 with take profit at 86.81 Bearish Preference: A Sell position is envisaged if the price trades below 85.37 with take profit at 84.76 Fundamentals:None with High Impact Comment: Oil prices were little changed on Tuesday after five sessions of gains, with weak oil data from …

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Daily Market Analysis 07.03.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.20197 with take profit at 1.20389 Bearish Preference: A Sell position is envisaged if the price trades below 1.19847 with take profit at 1.19731 Fundamentals:4:00pm     USD Fed Chair Powell Testifies Comment:The U.S. dollar slipped lower in early European trade Tuesday ahead of a …

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