USDCHF Market Analysis 08|06|2020 – Video
analysis
Daily Market Analysis 04|06|2020: AUDUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.68850 with take profit at 0.68647 Alternative scenario: Buy position is envisaged if price trades above 0.69235 with take profit at 0.69664. Fundamentals:No major economic data with direct bearing to this pair Comment: Technically, this pair got rejected at a psychological resistance zone twice and shows …
Daily Market Analysis 04|06|2020: NZDUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.64060 with take profit at 0.63647. Alternative scenario: Buy position is envisaged if price trades above 0.64348 with take profit at 0.64570 Fundamentals:No major economic data with direct bearing to this pair Comment: Technically, this pair also got rejected at a psychological resistance zone twice which …
Daily Market Analysis 02|06|2020: OIL
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 39.22 with take profit at 40.00 Alternative scenario: Sell position is envisaged if price trades below 38.05 with take profit at 37.37. Fundamentals:No major economic data with direct bearing on the commodity Comment: Black gold continued its recent recovery despite the rising US-China tensions. A …
Daily Market Analysis 25|05|2020: EURUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08391 with take profit at 1.08004 Alternative scenario: Buy position is envisaged if price trades above 1.09153 with take profit at 1.09295 Fundamentals:No major economic data with direct bearing on the pair Comment: The Greenback is envisaged to surge higher against the common currencies after it was reported that Germany the Bloc’ biggest …
Daily Market Analysis 25|05|2020: OIL
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 35.94 with take profit at 36.72 Alternative scenario: Sell position is envisaged if price trades below 35.39 with take profit at 34.57 Fundamentals:No major economic data with bearing on the commodity Comment: The commodity has been supported recently by the gradual easing of lock down boosting sentiment of improved demand. …
Daily Market Analysis 22|05|2020: EURUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09016 with take profit at 1.08836 Alternative scenario: Buy position is envisaged if price trades above 1.09260 with take profit at 1.09377 Fundamentals:ECB Monetary Policy Meeting Accounts (EUR) 12:30 pm Comment: The Greenback traded higher yesterday against an array of other currencies, the Euro inclusive and given that previous data released from the Eurozone has …
Daily Market Analysis 18|05|2020: EURUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08113 with take profit at 1.07834 Alternative scenario: Buy position is envisaged if price trades above 1.08286 with take profit at 1.08451 Fundamentals:No major economic data expected today Comment: The hawkish statement of the Chairman of the Federal Reserve earlier today is envisaged to lend …