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Daily Market Analysis 04.03.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.10397 with take profit at 1.10516. Bearish Preference: A Sell position is envisaged if price trades below 1.09959 with take profit at 1.09779. Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate  Comment: The Euro has been one of the worst performers among global currencies …

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Daily Market Analysis 30/12/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13271 with take profit at 1.13369. Bearish Preference: Sell position is envisaged if price trades below 1.13092 with take profit at 1.12997. Fundamentals:No Major Fundamental Comment: The dollar edged higher in early European trade Thursday, but remained near the bottom of its recent range in …

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Daily Market Analysis 20/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32182 with take profit at 1.32319. Bearish Preference: Sell position is envisaged if price trades below 1.31909 with take profit at 1.31670. Fundamentals:No major fundamental Comment: The dollar rose in early European trade Monday, climbing close to its recent high, as the Federal Reserve pointed to …

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Daily Market Analysis 14/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32566 with take profit at 1.32694. Bearish Preference: Sell position is envisaged if price trades below 1.32375 with take profit at 1.32238. Fundamentals:No Major Fundamental. Comment: The UK kicked off 2021 with an advantage – it secured more vaccines than its peers in the West, and …

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Daily Market Analysis 28/10/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37806 with take profit at 1.37900. Bearish Preference: Sell position is envisaged if price trades below 1.37519 with take profit at 1.37416. Fundamentals:1:30PM US Advance GDP q/q Comment: GBPUSD is currently trying to get back above 1.3745 while the U.S. dollar is flat against a broad …

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Daily Market Analysis 26/10/2021:

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.051 with take profit at 114.166. Bearish Preference: Sell position is envisaged if price trades below 113.851 with take profit at 113.717. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: The dollar edged higher Tuesday, rebounding from a one-month low although gains are small ahead of the …

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Daily Market Analysis 15/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16100 with take profit at 1.16181. Bearish Preference: Sell position is envisaged if price trades below 1.15937 with take profit at 1.15864 Fundamentals:1:30pm USD Core Retail Sales                                    USD Retail …

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Daily Market Analysis 14/10/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 113.585 with take profit at 113.745. Bearish Preference: A Sell position is envisaged if price trades below price 113.180 with take profit at 113.012. Fundamentals:1:30pm USD PPI m/m             USD Core PPI m/m            USD Unemployment Claims …

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Daily Market Analysis 14/10/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.13 with take profit at 1799.55 Bearish Preference: Sell position is envisaged if price trades below 1789.72 with take profit at 1787.75 Fundamentals:1:30pm USD PPI m/m             USD Core PPI m/m            USD Unemployment Claims Comment: The …

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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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