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Daily Market Analysis 05/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15119.55 with take profit at 15132.29. Bearish Preference: Sell position is envisaged if price trades below 15091.59 with take profit at 15076.80. Fundamentals:USD 1:30PM   Unemployment Claims                       Trade Balance Comment: Broadly, the continued evolution of COVID-19, …

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Daily Market Analysis 09/07/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34485 with take profit at 34560. Bearish Preference: Sell position is envisaged if price trades below 34249 with take profit at 34173. Fundamentals:All Day    G20 Meetings Comment: Wall Street lost ground on Thursday, with the S&P 500 and the Nasdaq pulling back from record closing highs …

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Daily Market Analysis 08/07/2021: GOLD

Instrument: Golds Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1818.91 with take profit at 1821.41. Bearish Preference: Sell position is envisaged if price trades below 1810.20 with take profit at 1806.60. Fundamentals:USD 1:30PM   Unemployment Claims Comment: The pace of economic recovery from the COVID-19 pandemic and its impact on inflation and central bank policymaking continues …

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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 03|06|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.944 with take profit at 110.044. Bearish Preference: Sell position is envisaged if price trades below 109.640 with take profit at 109.536. Fundamentals:USD 1:15PM   ADP Non-Farm Employment Change         1:30PM   Unemployment Claims Comment: The market’s sentiment fluctuates accordingly to the chances of …

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