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Daily Market Analysis 21/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1787.31 with take profit at 1789.49. Bearish Preference: Sell position is envisaged if price trades below 1781.19 with take profit at 1779.19. Fundamentals:1:30pm USD Unemployment Claims. Comment: The dollar was consolidating at lower levels in early trade in Europe on Thursday, after the revival of …

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Daily Market Analysis 04/10/2021:

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 111.281 with take profit at 111.392 Bearish Preference: Sell position is envisaged if price trades below 111.036 with take profit at 110.941 Fundamentals:No major fundamental Comment: The dollar edged lower in early European trade Monday, but remained just below last week’s highs given the ongoing concerns over …

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Daily Market Analysis 30/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1730.41 with take profit at 1733.01 Bearish Preference: Sell position is envisaged if price trades below 1716.48 with take profit at 1712.75 Fundamentals:USD 1:30PM Unemployment Claims3PM Fed Chair Powell Testifies Comment: The dollar hit a fresh one-year high against a basket of peers on Thursday on the …

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Daily Market Analysis 27/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  1.37248 with take profit at 1.37359. Bearish Preference: Sell position is envisaged if price trades below 1.36764 with take profit at 1.36563. Fundamentals:USD All Day Jackson Hole Symposium1:30pm USD Core PCE Price Index m/m3:00pm USD Fed Chair Powell Speaks Comment: GBP/USD is currently trying to get …

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Daily Market Analysis 26/07/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38094 with take profit at 1.38250. Bearish Preference: Sell position is envisaged if price trades below 1.37661 with take profit at 1.37498. Fundamentals:12:00pm GBP  MPC Member Vlieghe Speaks  Comment: The dollar edged lower in early European trading Monday, but remained at elevated levels ahead of this …

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