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Daily Market Analysis 15.11.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1779.09 with take profit at 1785.30 Bearish Preference: Sell position is envisaged if price trades below 1771.65 with take profit at 1767.95  Fundamentals:2:30pm USD:  Empire State Manufacturing Index2:30PM     PPI m/m            Comment: European stock markets edged higher Tuesday, boosted by some positive …

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Daily Market Analysis 14.11.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11831.80 with take profit at 11870.92. Bearish Preference: Sell position is envisaged if price trades below 11700.58 with take profit at 11656.56. Fundamentals:No major fundamental Comment: U.S. stock index futures edged lower on Monday as hawkish comments from a U.S. Federal Reserve official tempered hopes of …

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Daily Market Analysis 06.10.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1733.04 with take profit at 1741.02 Bearish Preference: Sell position is envisaged if price trades below 1716.58 with take profit at 1706.61 Fundamentals:No major fundamental  Comment: Earlier this week, U.S. job openings data suggesting that the labor market and economy were slowing as well as the Reserve Bank …

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Daily Market Analysis 22.09.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 0.98883 with take profit at 0.99039. Bearish Preference: A Sell position is envisaged if price trades below 0.98558 with take profit at 0.98406 Fundamentals:None with high impact. Comment: European stock markets traded sharply lower Thursday as investors digested another large interest rate hike by the …

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Daily Market Analysis 22.09.2022: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1677.57 with take profit at 1684.49. Bearish Preference: A Sell position is envisaged if price trades below 1666.98 with take profit at 1658.63. Fundamentals:None with high impact. Comment: The dollar surged to a fresh two-decade high and stocks slid on Thursday with investors unsettled by …

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Daily Market Analysis 20.09.2022: USDCAD

USDCAD Analysis

Instrument: USDCAD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 1.32915 with take profit at 1.32993 Bearish Preference: A sell position is envisaged if price trades below price 1.32722 with take profit at 1.32624 Fundamentals:None with high impact Comment: The Bank of Canada (BoC)focuses more on the core rate. If the reading comes in line with expectations …

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Daily Market Analysis 06.09.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 0.99588 with take profit at  0.99842 Bearish Preference: A sell position is envisaged if price trades below price 0.99069 with take profit at 0.98870 Fundamentals:2:45pm USD    Final Services PMI3PM      USD    ISM Services PMI Comment: At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the …

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Daily Market Analysis 05.09.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 0.99470 with take profit at 0.99652 Bearish Preference: A sell position is envisaged if price trades below price 0.99083 with take profit at 0.98906 Fundamentals:1:30pm    USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The U.S. dollar rose to a new two-decade high in …

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Daily Market Analysis 02.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 1.15793 with take profit at  1.15996. Bearish Preference: A sell position is envisaged if price trades below price 1.15221 with take profit at 1.15072. Fundamentals:1:30pm    USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment:The U.S. dollar edged lower in early European …

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