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Daily Market Analysis 17.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.31969 take profit at 1.32137. Bearish Preference: Sell position is envisaged if price trades below 1.31537 take profit at 1.31421. Fundamentals:1pm GBP MPC Official Bank Rate VotesGBP Monetary Policy SummaryGBP Official Bank Rate Comment: Yesterday, the Fed raised the interest rate from 0.25% to 0.5% and changed its economic …

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Daily Market Analysis 21/09/2021:

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36947 with take profit at 1.37130. Bearish Preference: Sell position is envisaged if price trades below 1.36675 with take profit at 1.36483. Fundamentals: No Major Fundamentals Comment: The safe-haven dollar is taking a breather from gains as investors seem less fearful about the fate of …

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Daily Market Analysis 18/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15030.96 with take profit at 15039.28. Bearish Preference: Sell position is envisaged if price trades below 14992.66 with take profit at 14982.24. Fundamentals:7:00pm    USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …

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Daily Market Analysis 18/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37764 with take profit at 1.37967. Bearish Preference: Sell position is envisaged if price trades below 1.37286 with take profit at 1.37135. Fundamentals:7:00pm    USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …

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Daily Market Analysis 13/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18646 with take profit at 1.18746. Bearish Preference: Sell position is envisaged if price trades below 1.18461 with take profit at 1.18367. Fundamentals:1:30 pm  USD    CPI m/m              USD    Core CPI m/m    6:01pm USD  30-y Bond Auction Comment: European stock markets are …

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