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Daily Market Analysis 20.01.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 86.94 take profit at 87.14 Bearish Preference: A Sell position is envisaged if the price trades below 86.08 take profit at 85.89 Fundamentals:All Day WEF Annual Meetings Comment: Oil prices were set to post a second straight weekly gain on Friday, spurred largely by brightening economic …

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Daily Market Analysis 20.01.2023: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 15111.4 take profit at 15127.1 Bearish Preference: A Sell position is envisaged if the price trades below 15039.4 take profit at 15025.0 Fundamentals:All Day WEF Annual Meetings Comment: European stock markets are expected to open higher Friday, with investors attempting to maintain January’s positive tone amid …

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Daily Market Analysis 19.01.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1913.24  with take profit at  1916.68 Bearish Preference: A Sell position is envisaged if the price trades below 1908.59  with take profit at 1904.89 Fundamentals:No major fundamental affecting the instrument. Comment: Gold prices recovered slightly from a two-day losing streak on Thursday amid growing uncertainty over a …

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Daily Market Analysis 19.01.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.08324 with take profit at  1.08469 Bearish Preference: A Sell position is envisaged if the price trades below 1.08134 with take profit at 1.08043 Fundamentals:No major fundamental affecting the instrument. Comment: The U.S. dollar edged lower in early European trade Thursday, continuing its recent selloff …

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Daily Market Analysis 18.01.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 87.13 with take profit at  87.61 Bearish Preference: A Sell position is envisaged if the price trades below 86.25 with take profit at 85.75 Fundamentals:No Major fundamental Comment: Oil prices rose on Wednesday, extending the previous session’s gains, driven by optimism that the lifting of …

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Daily Market Analysis 17.01.2023: US2000

Instrument: US2000 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1895.0 with take profit at  1897.5 Bearish Preference: A Sell position is envisaged if the price trades below 1888.5 with take profit at 1877.3 Fundamentals:2:30PM USD: Empire State Manufacturing Index   Comment: The S&P 500 SPX and the Nasdaq IXIC indexes closed at one-month highs on Friday, with the …

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Daily Market Analysis 17.01.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 11579.69 with take profit at  11593.70 Bearish Preference: A Sell position is envisaged if the price trades below 11527.08 with take profit at 11506.64 Fundamentals:2:30PM USD: Empire State Manufacturing Index   Comment: The S&P 500 SPX and the Nasdaq IXIC indexes closed at one-month highs on Friday, with the …

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