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Daily Market Analysis 11/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1739.60 with take profit at 1741.60. Bearish Preference: Sell position is envisaged if price trades below 1722.55 with take profit at 1720.55. Fundamentals:1:30pm     USD CPI m/m                 USD Core CPI m/m Comment: Gold was up on Wednesday morning in Asia …

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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 29/07/2021: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.74152 with take profit at 0.74320. Bearish Preference: Sell position is envisaged if price trades below 0.73730 with take profit at 0.73548. Fundamentals:USD 1:30 PM Advance GDP q/q                       Advance GDP          …

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Daily Market Analysis 16/07/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38208 with take profit at 1.38366. Bearish Preference: Sell position is envisaged if price trades below 1.37850 with take profit at 1.37728. Fundamentals:1:30 PM  USD Core retail Sales                USD Retail Sales3:00PM  USD Prelim UoM          …

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Daily Market Analysis 15/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1829.06 with take profit at 1831.92. Bearish Preference: Sell position is envisaged if price trades below 1821.17 with take profit at 1817.57. Fundamentals:1:30 PM USD Unemployment                      Claims               Philly …

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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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