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Daily Market Analysis 14.11.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.03393 with take profit at 1.03600. Bearish Preference: A Sell position is envisaged if price trades below price 1.02905 with take profit at 1.02692. Fundamentals:No major fundamental Comment: European stock markets are expected to trade in a mixed fashion at the open Monday, starting the …

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Daily Market Analysis 12.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.17081 with take profit at 1.17236 Bearish Preference: A Sell position is envisaged if price trades below price 1.16699 with take profit at 1.16545 Fundamentals:7:00am GBP GDP m/m Comment: GBP/USD rose 0.7% to 1.1667, piggy-backing on the euro’s gains versus the dollar, although the latest economic data showed …

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Daily Market Analysis 24/09/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 77.07 with take profit at 77.20. Bearish Preference: Sell position is envisaged if price trades below 76.32 with take profit at 76.17. Fundamentals: No Major Fundamental Comment: Oil was up Friday morning in Asia, rising for a fourth day with the focus on tighter supplies and …

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Daily Market Analysis 24/08/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17506 with take profit at 1.17645. Bearish Preference: Sell position is envisaged if price trades below 1.17271 with take profit at 1.17129. Fundamentals:No major fundamentals Comment: European stock markets are expected to edge higher at the open Tuesday, helped by a strong handover from Wall Street after the …

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Daily Market Analysis 20/08/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29222 with take profit at 1.29394. Bearish Preference: Sell position is envisaged if price trades below 1.28463 with take profit at 1.28274. Fundamentals:1:30pm CAD Core Retail Sales                          m/m Comment: The safe-haven U.S. dollar …

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Daily Market Analysis 29/07/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 35048 with take profit at 35079. Bearish Preference: Sell position is envisaged if price trades below 34910 with take profit at 34882. Fundamentals:USD 1:30 PM Advance GDP q/q                       Advance GDP            …

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Daily Market Analysis 29/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1820.84 with take profit at 1822.54. Bearish Preference: Sell position is envisaged if price trades below 1813.32 with take profit at 1811.62. Fundamentals:USD 1:30 PM Advance GDP q/q                       Advance GDP          …

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Daily Market Analysis 23/07/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34904 with take profit at 34935. Bearish Preference: Sell position is envisaged if price trades below 34825 with take profit at 34794. Fundamentals:2:45 PM USD Flash                                      Manufacturing PMI    …

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Daily Market Analysis 19/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17979 with take profit at 1.18072. Bearish Preference: Sell position is envisaged if price trades below 1.17700 with take profit at 1.17580. Fundamentals:No major fundamental. Comment: The dollar edged higher in early European trading Monday, maintaining its recent strong tone as rising Covid-19 cases threaten to …

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Daily Market Analysis 14/07/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25254 with take profit at 1.25386. Bearish Preference: Sell position is envisaged if price trades below 1.24796 with take profit at 1.24607. Fundamentals:1:30pm   USD    PPI m/m               USD    Core PPI m/m3:00pm  CAD BOC Monetary              …

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