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Daily Market Analysis 31.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1727.61 with take profit at 1731.85 Bearish Preference: A Sell position is envisaged if price trades below price 1718.82 with take profit at 1714.83 Fundamentals:1:00pm     USD    FOMC Member Mester Speaks1:15pm     USD    ADP Non-Farm Employment Change Comment: Gold prices fell on Wednesday …

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Daily Market Analysis 22.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 95.62 with take profit at 95.89 Bearish Preference: A Sell position is envisaged if price trades below price 94.70 with take profit at 94.46 Fundamentals:None with high impact Comment: Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive U.S. …

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Daily Market Analysis 19.08.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.01002 with take profit at  1.01110. Bearish Preference: A Sell position is envisaged if price trades below price 1.00685 with take profit at 1.00526. Fundamentals:None with high impact. Comment:The U.S. dollar rose to a new one-month high in early European trade as Federal Reserve …

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Daily Market Analysis 11.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1789.69 with take profit at 1791.88 Bearish Preference: Sell position is envisaged if price trades below 1781.26 with take profit at 1779.14 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims Comment: Extended shares on a global rally on Thursday after softer-than-expected U.S. inflation data encouraged bets of …

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Daily Market Analysis 11.08.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.03369 with take profit at 1.03516 Bearish Preference: Sell position is envisaged if price trades below 1.03071 with take profit at 1.02924 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims  Comment:European Stock Futures Higher; Weaker U.S. CPI Boosts Sentiment European stock markets are expected to open …

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Daily Market Analysis 02.08.2022: US2000

Instrument: US2000 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1880.9 with take profit at  1889.5 Bearish Preference: Sell position is envisaged if price trades  below 1864.2 with take profit at 1855.9 Fundamentals:3:00pm    USD JOLTS Job Openings Comment:Stocks gave up some of a strong rally from last week that was driven by bets the Federal Reserve …

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Daily Market Analysis 25.07.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12470.02 with take profit at 12488.26 Bearish Preference: Sell position is envisaged if price trades  below 12377.49 with take profit at 12358.03 Fundamentals:No Major Fundamental  Comment:U.S. stock index futures edged higher on Monday as markets braced for a Federal Reserve policy meeting during the week and earning …

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Daily Market Analysis 14.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1719.84 with take profit at 1722.52 Bearish Preference: Sell position is envisaged if price trades below price 1713.72 with take profit at 1711.24 Fundamentals:1:30pm    USD PPI m/m Comment:Gold was down on Thursday morning in Asia, with expectations growing that the U.S. Federal Reserve could hike interest …

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