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Daily Market Analysis 14|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31157 with take profit at 31170. Bearish Preference: Sell position is envisaged if price trades below the 30825 with take profit at 30810. Fundamentals:2:30pm USD Import m/mUSD Unemployment Claims Comment: Equities remain supported by the prospect of more fiscal aid for the economy from the …

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Daily Market Analysis 13|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31053 with take profit at 31112. Bearish Preference: Enter a Sell position if price trades below 30948 with take profit at 30832. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: U.S. stocks finished Tuesday trading higher but the Dow missed booking its first record peak …

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Daily Market Analysis 05|10|2020: EURUSD

Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference:  Buy position is envisaged if price trades above 1.17351 with take profit at 1.17460. Alternative scenario: Sell position is envisaged if price trades below 1.17184 with take profit at 1.17077. Fundamentals:ISM Non-Manufacturing PMI (US) 3 PMEurogroup  Meetings (EUR) All-day Comment:  The dollar traded flat against major currencies last week as the return …

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Daily Market Analysis 19|08|2020: US30

Instrument: US30 Intraday: Bearish Technical Analysis Preference:  Sell position is envisaged if price trades below 27668 with take profit at 27598 Alternative scenario: Buy position is envisaged if price trades above 27786 with take profit at 27837 Fundamentals:No major economic data with direct bearing to this index     Comment:  Trump said last night that he personally called off the …

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Daily Market Analysis 12|08|2020: US30

Instrument: US30 Intraday: Bullish Technical Analysis Preference:  Buy position is envisaged if price trades above 27859 with take profit at key level 28022. Alternative scenario: Sell if price trades below 27667 with take profit at 27524. Fundamentals:1:30pm USD CPI m/mUSD    Core CPI m/m  Comment:  U.S. stock futures rose slightly in overnight trading and pointed to gains at the open …

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Daily Market Analysis 10|08|2020: EURUSD

Instrument: EURUSD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.17571 with take profit at 1.17234  Alternative scenario:  Buy position is envisaged if price trades above 1.17935 with take profit at 1.18407 Fundamentals:No major economic data with bearing on the pair. Comment: The Greenback is envisaged to trade higher due to the release of …

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