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Asian

Daily Market Analysis 29/09/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35565 with take profit at 1.35689 Bearish Preference: Sell position is envisaged if price trades below 1.35127 with take profit at 1.35011 Fundamentals:4:45pm GBP BOE Gov Bailey SpeaksUSD Fed Chair Powell Speaks Comment: The dollar edged lower in early European trade Wednesday, but remained near …

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Daily Market Analysis 23/09/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36733 with take profit at 1.36821. Bearish Preference: Sell position is envisaged if price trades below 1.36318 with take profit at 1.36181. Fundamentals: 12:00pm GBP: Asset Purchase Facility MPC Asset Purchase Facility Votes Monetary Policy Summary2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: The …

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Daily Market Analysis 17/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.935 with take profit at 111.064. Bearish Preference: Sell position is envisaged if price trades below 110.475 with take profit at 110.371. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index              USD    Unemployment Claims Comment: The greenback maintained its strong stance through the …

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Daily Market Analysis 27|05|2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21157 with take profit at 1.21273. Bearish Preference: Sell position is envisaged if price trades below 1.20977 with take profit at 1.20852. Fundamentals:1:30PM USD Prelim GDP q/q              USD Unemployment Claims3:30pm USD Pending Home Sales m/m Comment: Oil prices fell on Thursday but stayed within …

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Daily Market Analysis 18|05|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1873.99 with take profit at 1876.85. Bearish Preference: Sell position is envisaged if price trades below 1866.43 with take profit at 1863.84. Fundamentals:No Major Fundamental Comment:  Asian shares rose on Tuesday, shrugging off worries about an increase in regional coronavirus infections, while inflation jitters helped …

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Daily Market Analysis 04|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13794.68 with take profit at 13816.42. Bearish Preference: Sell position is envisaged if price trades below13707.64 with take profit at 13689.63. Fundamentals:No Major fundamentals  Comment:  Asian share markets were mostly positive Tuesday as investors looked to signs of recovery from the coronavirus pandemic as major …

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