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Daily Market Analysis 15.02.2023: USDCAD

USDCAD Analysis

Instrument: USDCAD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.33964 with take profit at  1.34140 Bearish Preference: A Sell position is envisaged if the price trades below 1.33575 with take profit at 1.33435 Fundamentals:2:30pm USD Core Retail Sales m/m             USD Empire State Manufacturing Index            …

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Daily Market Analysis 15.02.2023: EURUSD

Instrument: EURUSD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.07250 with take profit at  1.07390 Bearish Preference: A Sell position is envisaged if the price trades below 1.06957 with take profit at 1.06728 Fundamentals:2:30pm USD Core Retail Sales m/m             USD Empire State Manufacturing Index            …

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Daily Market Analysis 14.02.2023: OIL

Instrument: OILS+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 86.47 with take profit at 86.66 Bearish Preference: A Sell position is envisaged if the price trades below 86.00 with take profit at  85.82 Fundamentals:No Major Fundamental Comment: Oil prices fell on Tuesday after the U.S. government said it would release more crude from its Strategic …

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Daily Market Analysis 14.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1862.56 with take profit at  1863.99 Bearish Preference: A Sell position is envisaged if the price trades below 1855.92 with take profit at 1854.49 Fundamentals:2:30pm : USD CPI m/m Comment: Gold prices sank about 0.6 percent on Monday, extending losses from last week. The anti-fiat yellow …

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Daily Market Analysis 13.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1864.27 with take profit at 1866.86 Bearish Preference: A Sell position is envisaged if the price trades below 1858.32 with take profit at 1854.58 Fundamentals:No Major Fundamental Comment: Gold prices fell to near one-month lows on Monday as traders awaited more cues on the U.S. economy …

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Daily Market Analysis 13.02.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12434.69 with take profit at 12464.91 Bearish Preference: A Sell position is envisaged if the price trades below 12390.86 with take profit at 12365.76 Fundamentals:No Major Fundamental Comment: U.S. stock futures were mixed on Monday, as investors gauged the potential for further interest rate hikes ahead …

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Daily Market Analysis 13.02.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.20813 with take profit at 1.21086 Bearish Preference: A Sell position is envisaged if the price trades below 1.20211 with take profit at  1.19896 Fundamentals:No Major Fundamental Comment: The U.S. dollar edged higher in early European trade Monday, trading close to a five-week high ahead of …

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Daily Market Analysis 13.02.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 85.74 with take profit at 86.05 Bearish Preference: A Sell position is envisaged if the price trades below 85.39 with take profit at  85.10 Fundamentals:No Major Fundamental Comment: Oil prices fell on Monday amid anticipation of economic cues from key U.S. inflation data due this week, …

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Daily Market Analysis 10.02.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12338.22 with take profit at 12365.61 Bearish Preference: A Sell position is envisaged if the price trades below 12258.00 with take profit at 12234.52 Fundamentals:4:00pm USD Prelim UoM Consumer Sentiment Comment: European shares climbed for the third straight session on Thursday as cooling inflation in Germany …

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Daily Market Analysis 10.02.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1873.41 with take profit at 1876.78 Bearish Preference: A Sell position is envisaged if the price trades below 1857.26 with take profit at 1853.97 Fundamentals:4:00pm USD Prelim UoM Consumer Sentiment Comment: Gold prices hovered around a one-month low on Friday amid pressure from rising short-term yields, …

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