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Daily Market Analysis 26.04.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.27460 with take profit at 1.27617 Bearish Preference: Sell position is envisaged if price trades below 1.26918 with take profit at 1.26797 Fundamentals:No major Fundamental. Comment: The U.S. dollar stabilized in early European trade Tuesday, but remained near a two-year high on demand for this safe haven as …

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Daily Market Analysis 26.04.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1902.75 with take profit at 1906.65 Bearish Preference: Sell position is envisaged if price trades below 1895.41 with take profit at 1892.60 Fundamentals:No major Fundamental. Comment: Gold prices have went from feast to famine in a week. Just last Monday buyers were in-charge in a big way, …

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USDCAD Analysis

Daily Market Analysis 25.04.2022: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.71920 with take profit at  0.72096 Bearish Preference: Sell position is envisaged if price trades below 0.71563 with take profit at 0.71414 Fundamentals:No major Fundamental. Comment: The risk-sensitive Australian Dollar slid sharply versus the US Dollar last week as markets adjusted amid growingly hawkish shifts in Fed …

Daily Market Analysis 25.04.2022: AUDUSD Read More »

Daily Market Analysis 25.04.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14020.1 with take profit at 14031.9 Bearish Preference: Sell position is envisaged if price trades below 13936.1 with take profit at 13911.0 Fundamentals:No major Fundamental. Comment: The main European stock indexes fell more than 2% on Monday as worries about an economic slowdown in China and rapid U.S. …

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Daily Market Analysis 25.04.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 102.66 with take profit at 103.11 Bearish Preference: Sell position is envisaged if price trades below 101.67 with take profit at 101.07 Fundamentals:No major Fundamental. Comment: Oil prices slumped to about two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns …

Daily Market Analysis 25.04.2022: OIL Read More »

Daily Market Analysis 25.04.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1919.44 with take profit at  1922.46 Bearish Preference: Sell position is envisaged if price trades below 1910.75 with take profit at 1907.59 Fundamentals:No major Fundamental. Comment: Gold prices fell on Monday to their lowest in four weeks, as bets for an increasingly aggressive and hawkish U.S. Federal Reserve …

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Daily Market Analysis 22.04.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 107.65 with take profit at 107.92 Bearish Preference: Sell position is envisaged if price trades below 106.68 with take profit at 106.48 Fundamentals:No high impact bearing to commodity. Comment: Oil prices extended losses on Friday, burdened by the prospect of interest rate hikes, weaker global growth and …

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Daily Market Analysis 19.04.2022: US30

Instrument: US30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 34402 with take profit at  34469 Bearish Preference: Sell position is envisaged if price trades below 34326 with take profit at 34267 Fundamentals:No major Fundamental. Comment: Investors were also bracing for a barrage of earnings that will help them assess the impact of the Ukraine war and a …

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Daily Market Analysis 19.04.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.30197 with take profit at  1.30346 Bearish Preference: Sell position is envisaged if price trades below 1.29934 with take profit at 1.29789 Fundamentals:No major Fundamental. Comment: The GBP/USD pair edged lower during the Asian session on Tuesday and inched back closer to its lowest level since November …

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Daily Market Analysis 14.04.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.09230 with take profit at 1.09328 Bearish Preference: Sell position is envisaged if price trades below 1.08977 with take profit at 1.08854   Fundamentals:1:30pm     USD Core Retail Sales m/m            USD Retail Sales m/m            USD Unemployment …

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