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Daily Market Analysis 13/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.73 with take profit at 1796.07. Bearish Preference: Sell position is envisaged if price trades below 1785.79 with take profit at 1784.04. Fundamentals: No major fundamental. Comment: Gold was down on Monday morning in Asia as the dollar continued to strengthen. Investors now look to U.S. data for …

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Daily Market Analysis 28/07/2021:

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15001.64 with take profit at 15027.61. Bearish Preference: Sell position is envisaged if price trades below 14947.90 with take profit at 14920.14. Fundamentals:7:00pm    USD FOMC Statement Comment: Wall Street snapped a five-session winning streak on Tuesday before a policy update from the Federal Reserve, though things …

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Daily Market Analysis 27/07/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15096.18 with take profit at 15124.61. Bearish Preference: Sell position is envisaged if price trades below 15035.28 with take profit at 15005.23. Fundamentals:3:00pm    USD    CB Consumer Confidence Comment: US Stocks clinched reached highs on Monday after cutting intraday losses ahead quarterly earnings from big tech and further …

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Daily Market Analysis 05/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18842 with take profit at 1.18951. Bearish Preference: Sell position is envisaged if price trades below 1.18492 with take profit at 1.18381. Fundamentals:No Major Fundamentals  Comment: The USD perched up to a fresh two-month-high on the morning of NFP. But, once the details of the report were incorporated …

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