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USDJPY Ananlysis

Daily Market Analysis 24.05.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 127.821 with take profit at 128.007 Bearish Preference: Sell position is envisaged if price trades below 126.982  with take profit at 126.843 Fundamentals:2:45pm USD Flash Manufacturing PMIUSD Flash Services PMI5:20pm USD Fed Chair Powell Speaks Comment: The dollar was up on Tuesday morning in Asia. The safe-haven asset …

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Daily Market Analysis 05.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13557.00 with take profit at 13637.23 Bearish Preference: Sell position is envisaged if price trades below 13375.75 with take profit at 13293.62 Fundamentals:1:30pm USD Unemployment Claims Comment: Flex Earnings Beat, Revenue Misses In Q4 fourth quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations. Investors …

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Daily Market Analysis 04.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1953.22 with take profit at 1956.68. Bearish Preference: Sell position is envisaged if price trades below 1939.76 with take profit at 1935.48. Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: European stock markets are expected to open sharply lower Friday amid signs the …

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Daily Market Analysis 21.02.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1893.66 with take profit at 1898.47 Bearish Preference: Sell position is envisaged if price trades below 1884.50 with take profit at 1880.23. Fundamentals:No major Fundamental. Comment: Gold prices pulled back to $1,892 from an eight-month high of $1,908 during Monday’s APAC mid-day trading session after French …

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Daily Market Analysis 26.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14303.26 with take profit at 14372.42. Bearish Preference: Sell position is envisaged if price trades below 14098.67 with take profit at 14032.40. Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: Stocks were mostly up on Wednesday morning steadying after U.S. counterparts ended another volatile session. However, …

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Daily Market Analysis 25.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34973 with take profit at 1.35134. Bearish Preference: Sell position is envisaged if price trades below 1.34648 with take profit at 1.34487. Fundamentals:4:00pm USD CB Consumer Confidence Comment: The dollar was up on Tuesday morning in Asia, with the safe-haven asset remaining near a two-week …

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Daily Market Analysis 17.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1823.61 with take profit at 1825.84. Bearish Preference: Sell position is envisaged if price trades below 1820.40 with take profit at 1818.08. Fundamentals:No major fundamental Comment: Gold held steadily during Monday’s APAC session after gaining 1.6% over the past week. A slew of upbeat economic …

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Daily Market Analysis 06.01.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.35 with take profit at 83.03 . Bearish Preference: Sell position is envisaged if price trades below 81.21 with take profit at 80.52. Fundamentals:No Major Fundamental Comment: Stock markets were deep in the red and some key government bond yields climbed to their highest in years …

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Daily Market Analysis 06.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1804.81 with take profit at 1807.31. Bearish Preference: Sell position is envisaged if price trades below 1796.65 with take profit at 1794.30. Fundamentals:2:30PM USD Unemployment Claims4:00PM USD ISM Services PMI Comment: The U.S. dollar edged lower overall in early European trade Wednesday, handing back some overnight …

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Daily Market Analysis 03.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1825.93 with take profit at 1827.78 . Bearish Preference: Sell position is envisaged if price trades below 1821.44 with take profit at 1819.59 . Fundamentals:No Major Fundamental Comment: With higher vaccine efficacy shown by the Johnson & Johnson offering, the seriousness of the Omicron variant has …

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