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Daily Market Analysis 02.03.2023: USDCAD

USDCAD Analysis

Instrument: USDCAD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.36361 with take profit at 1.36540 Bearish Preference: A Sell position is envisaged if the price trades below 1.36019 with take profit at 1.35863 Fundamentals:2:30pm USD Unemployment Claims   Comment: The jump in prices paid in yesterday’s US ISM manufacturing, with a new cyclical high reported …

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Daily Market Analysis 02.03.2023: US500

US500 Analysis

Instrument: US500+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 3949.8 with take profit at 3961.0 Bearish Preference: A Sell position is envisaged if the price trades below 3935.9 with take profit at 3925.9 Fundamentals:2:30pm USD Unemployment Claims Comment:  After a weak performance in February, Wall Street indexes began March on a volatile note as fresh evidence …

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Daily Market Analysis 02.03.2023: GOLD

Instrument: GOLD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1837.97 with take profit at 1841.01 Bearish Preference: A Sell position is envisaged if the price trades below1829.86 with take profit at 1826.21 Fundamentals:No Major Fundamental Comment: Gold prices firm as dollar rally cools, copper buoyed by China hopes. Gold prices hovered at an over …

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Daily Market Analysis 02.03.2023: EURUSD

Instrument: EURUSD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.06629 with take profit at 1.06769 Bearish Preference: A Sell position is envisaged if the price trades below 1.06323 with take profit at 1.06168 Fundamentals:No Major Fundamental  Comment: The U.S. dollar rose in early European trade Thursday, regaining its firm footing, while the euro slipped ahead …

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Daily Market Analysis 01.03.2023: US100

Instrument: US100+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12147.20 with take profit at 12154.97 Bearish Preference: A Sell position is envisaged if the price trades below 12102.05 with take profit at 12089.44 Fundamentals:4:00pm USD ISM Manufacturing PMI  Comment: Investors are digesting happening around interest Rate Hike and all eyes are looking forward to NFP …

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Daily Market Analysis 01.03.2023: GBPUSD

Instrument: GBPUSD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.20701 with take profit at 1.20922 Bearish Preference: A Sell position is envisaged if the price trades below 1.20324 with take profit at 1.20171 Fundamentals:4:00pm USD ISM Manufacturing PMI Comment: The US dollar retreated in Europe today while the Chinese yuan rose sharply after economic data …

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Daily Market Analysis 01.03.2023: GOLD

Instrument: GOLD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1837.62 with take profit at 1841.03 Bearish Preference: A Sell position is envisaged if the price trades below 1829.84 with take profit at 1826.37 Fundamentals:4:00pm USD ISM Manufacturing PMI Comment: Gold prices fell slightly on Wednesday after logging a two-day recovery from their lowest levels this …

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Daily Market Analysis 01.03.2023: EURUSD

Instrument: EURUSD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.36254 with take profit at 1.36427 Bearish Preference: A Sell position is envisaged if the price trades below 1.35879 with take profit at 1.35688 Fundamentals:4:00pm USD ISM Manufacturing PMI  Comment: The dollar has been on a tear this month as stronger-than-expected economic data, including hot inflation numbers, pointed …

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Daily Market Analysis 28.02.2023: US30

Instrument: US30+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 32978 with take profit at  33032 Bearish Preference: A Sell position is envisaged if the price trades below 32897 with take profit at 32833 Fundamentals:4PM USD:  CB Consumer Confidence   Comment: U.S. stock index futures slipped on Tuesday as Treasury yields rose to near multi-month highs …

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Daily Market Analysis 28.02.2023: US100

Instrument: US100+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12109.72 with take profit at  12125.93 Bearish Preference: A Sell position is envisaged if the price trades below 12050.14 with take profit at 12006.18 Fundamentals:4PM USD:  CB Consumer Confidence     Comment: Wall Street’s main indexes ended Monday higher, but gave back much of the day’s …

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