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Daily Market Analysis 15.11.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.03960 with take profit at  1.04099. Bearish Preference: Sell position is envisaged if price trades below 1.03517 with take profit at 1.03401 . Fundamentals:2:30pm USD:  Empire State Manufacturing Index  Comment: The Euro continues to threaten to make a new 3-month peak against the US Dollar as currency …

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Daily Market Analysis 31.10.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 0.99309 with take profit at 0.99466 Bearish Preference: Sell position is envisaged if price trades below 0.98966 with take profit at 0.98812 Fundamentals:None with high impact Comment: Consumer prices in the Eurozone touched a new record high for the twelfth straight month, according to a flash estimate from …

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Daily Market Analysis 14.09.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 12178.73 with take profit at  12237.24 Bearish Preference: A sell position is envisaged if price trades below price 1700.37 with take profit at 1698.77 Fundamentals:1:30  USD: PPI m/m                     Core PPI m/m Comment: World stocks were stuck in a sea …

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Daily Market Analysis 06.09.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 0.99588 with take profit at  0.99842 Bearish Preference: A sell position is envisaged if price trades below price 0.99069 with take profit at 0.98870 Fundamentals:2:45pm USD    Final Services PMI3PM      USD    ISM Services PMI Comment: At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the …

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Daily Market Analysis 19.08.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.01002 with take profit at  1.01110. Bearish Preference: A Sell position is envisaged if price trades below price 1.00685 with take profit at 1.00526. Fundamentals:None with high impact. Comment:The U.S. dollar rose to a new one-month high in early European trade as Federal Reserve …

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USDCAD Analysis

Daily Market Analysis 04.08.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.28550 with take profit at 1.28623 Bearish Preference: Sell position is envisaged if price trades  below 1.28295 with take profit at  1.28198 Fundamentals:1:30PM USD Unemployment Claims5:00PM USD FOMC Member Mester Speaks Comment: USD/CAD rose 0.1% to 1.3127, with the greenback regaining its poise after the Bank of Canada went all …

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Daily Market Analysis 02.08.2022: USDCHF

Instrument: USDCHF Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 0.95396 with take profit at  0.95601 Bearish Preference: Sell position is envisaged if price trades  below 0.95019 with take profit at 0.94820 Fundamentals:3:00pm USD JOLTS Job Openings Comment: USD/CHF bears take a breather after declining to the lowest levels in 14 weeks the previous day, marking the five-day …

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USDJPY Ananlysis

Daily Market Analysis 24.05.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 127.821 with take profit at 128.007 Bearish Preference: Sell position is envisaged if price trades below 126.982  with take profit at 126.843 Fundamentals:2:45pm USD Flash Manufacturing PMIUSD Flash Services PMI5:20pm USD Fed Chair Powell Speaks Comment: The dollar was up on Tuesday morning in Asia. The safe-haven asset …

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Daily Market Analysis 31/12/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13318 with take profit at 1.13421. Bearish Preference: Sell position is envisaged if price trades below 1.12967 with take profit at 1.12840. Fundamentals:No Major Fundamental Comment: EUR/USD pares daily losses around 1.1320, despite fading bounce off intraday low, during the early Friday morning in Europe. …

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Daily Market Analysis 28/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34479 with take profit at 1.34661. Bearish Preference: Sell position is envisaged if price trades below 1.34186 with take profit at 1.33998. Fundamentals:No Major Fundamental Comment: The dollar was up on Tuesday morning in Asia. Meanwhile, the yen traded near a one-month low to the U.S. …

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