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Daily Market Analysis 25/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15394.08 with take profit at 15413.46. Bearish Preference: Sell position is envisaged if price trades below 15299.21 with take profit at 15278.07. Fundamentals:1:30pm USD Core Durable Goods Orders m/m Comment: Another day, another record. The major averages rose again Tuesday following a broad-based stock rally powered by full …

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Daily Market Analysis 12|03|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.247 with take profit at 109.401. Bearish Preference: Sell position is envisaged if price trades below 108.809 with take profit at 108.703. Fundamentals:No major economic data Comment: The dollar was up on Friday morning in Asia but remained near a one-week low as calmer bond …

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Daily Market Analysis 10|03|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31869 with take profit at 31952. Bearish Preference: Sell position is envisaged if price trades below 31708 with take profit at 31627 Fundamentals:2:30pm  USD CPI m/m Comment: News that a $1.9 trillion coronavirus relief package was nearing final approval sparked a spike in yields on Monday, …

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