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Daily Market Analysis 30/09/2021: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72104 with take profit at 0.72213 Bearish Preference: Sell position is envisaged if price trades below 0.71940 with take profit at 0.71837 Fundamentals:3:00pm USD Fed Chair Powell Testifies Comment: The dollar edged lower in early European trade Thursday, but remained near its one-year high on …

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Daily Market Analysis 09/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1800.65 with take profit at 1802.90. Bearish Preference: Sell position is envisaged if price trades below 1792.93 with take profit at 1791.07. Fundamentals: EUR 12:45PM Monetary Policy Statement Main Refinancing Rate            1:30PM ECB Press ConferenceUSD 1:30pm Unemployment Claims4:00PM FOMC Member Daly Speaks …

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Daily Market Analysis 10/06/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1886.33 with take profit at 1889.32. Bearish Preference: Sell position is envisaged if price trades below 1875.49 with take profit at 1872.00. Fundamentals:USD   1:30PM    CPI m/m           1:30PM   Core CPI m/m      1:30PM   Unemployment Claims Comment: The yellow …

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Daily Market Analysis 29|04|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy is envisage if price trades above 108.919 with take profit at 109.014. Bearish Preference: Sell is envisaged if price trades below 108.660 with take profit at 108.500 Fundamentals:USD 1:30PM Advance GDP q/q                      Advance GDP Price Index q/q            …

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Daily Market Analysis 12|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above  1.37566 with a take profit at price 1.37749. Bearish Preference: A Sell position is envisaged if price trades below price 1.37003 with a take profit at price 1.36761. Fundamentals:No major fundamental Comment: The UK has vaccinated nearly 30 million people (as we write) with a …

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Daily Market Analysis 07|04|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33379 with take profit at 33409. Bearish Preference: Sell position is envisaged if price trades below 33255 with take profit at 33226. Fundamentals:7:00pm USD FOMC Meeting Minutes  Comment:  U.S. stocks are seen opening largely unchanged Wednesday, remaining near record levels, with focus on the release of …

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Daily Market Analysis 07|04|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 63.36 with take profit at 63.77. Bearish Preference: Sell position is envisaged if price trades below 62.30 with take profit at 62.05. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19 vaccinations …

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Daily Market Analysis 07|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38569 with take profit at 1.38864. Bearish Preference: Sell position is envisaged if price trades below 1.37722 with take profit at 1.37547. Fundamentals:7:00pm USD FOMC Meeting Minutes  Comment:  The dollar edged higher in early European trading Wednesday, but remained near two-week lows after bond yields …

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Daily Market Analysis 01|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged  if price trades above 1.37921 with take profit at 1.38039. Bearish Preference: Sell position is envisaged if price trades below 1.37642 with take profit at 1.37505. Fundamentals:3:00pm    USD ISM Manufacturing PMI  Comment:  The dollar remained strong in early European trading Thursday, near multi-month highs amid expectations of strong U.S. …

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