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Daily Market Analysis 17.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1851.48 with take profit at 1853.13 Bearish Preference: Sell position is envisaged if price trades below price 1845.21 with take profit at 1843.34 Fundamentals:1:45pm USD Fed Chair Powell Speaks Comment:Gold was down on Friday morning in Asia, as the U.S. dollar and U.S. Treasury yields clawed …

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Daily Market Analysis 16.06.2022: US30

Instrument: US30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 30314 with take profit at 30440 Bearish Preference: Sell position is envisaged if price trades  below 29975with take profit at 29776 Fundamentals:1:30pm USD  Philly Fed Manufacturing Index            USD Unemployment Claims Comment: Dollar regained its footing on Thursday as investors continued to digest the impact of …

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Daily Market Analysis 06.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1856.96 with take profit at 1858.89 Bearish Preference: Sell position is envisaged if price trades  below 1849.98 with take profit at 1847.62 Fundamentals:No Major Fundamental Comment: Gold was up on Monday morning in Asia even as the U.S. jobs report signaled more interest rate increases this …

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Daily Market Analysis 23.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1866.67 with take profit at 1869.91 Bearish Preference: Sell position is envisaged if price trades below 1850.24 with take profit at 1846.25 Fundamentals:No Major Fundamental Comment: Gold was up on Monday morning in Asia, hitting a more than one-week high. A weakening dollar continued to support the greenback-priced …

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Daily Market Analysis 19.05.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.05087 with take profit at 1.05288 Bearish Preference: Sell position is envisaged if price trades below 1.04854 with take profit at 1.04724 Fundamentals:1:30pm USD Philly Fed                             Manufacturing             Index        …

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Daily Market Analysis 06.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1886.45 with take profit at 1889.04 Bearish Preference: Sell position is envisaged if price trades below 1878.16 with take profit at 1875.91 Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Non-Farm Employment Change Comment: Gold was down on Wednesday morning in Asia as U.S. Treasury yields rose …

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Daily Market Analysis 05.04.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14615.8 with take profit at  14639.1 Bearish Preference: Sell position is envisaged if price trades below 14558.6 with take profit at 14531.1 Fundamentals:No major Fundamental. Comment: European stock markets traded largely lower Monday, helped by a positive tone from Asia but talk of more sanctions on Russia over …

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Daily Market Analysis 23.03.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 114.43 with take profit at  114.91. Bearish Preference: Sell position is envisaged if price trades below 111.50 with take profit at 111.01. Fundamentals: 3:30pm USD Crude Oil Inventories. Comment: Oil was up on Wednesday morning in Asia, with a draw in U.S. crude inventories increasing concerns about tight global supplies amid …

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Daily Market Analysis 23.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32824 with take profit at  1.32963. Bearish Preference: Sell position is envisaged if price trades below 1.32448 with take profit at 1.32295. Fundamentals:8:00am        GBP        CPI y/y1:00pm        GBP        BOE Gov Bailey Speaks Comment: The dollar was …

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Daily Market Analysis 14.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1981.12 with take profit at 1987.35. Bearish Preference: Sell position is envisaged if price trades below 1969.39 with take profit at 1964.15. Fundamentals:No major fundamental Comment: Gold was down on Monday morning in Asia. U.S. Treasury yields rose over expectations of a U.S. interest rate hike, while …

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