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Daily Market Analysis 13/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18646 with take profit at 1.18746. Bearish Preference: Sell position is envisaged if price trades below 1.18461 with take profit at 1.18367. Fundamentals:1:30 pm  USD    CPI m/m              USD    Core CPI m/m    6:01pm USD  30-y Bond Auction Comment: European stock markets are …

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Daily Market Analysis 09/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18509 with take profit at 1.18625. Bearish Preference: Sell position is envisaged if price trades below 1.18232 with take profit at 1.18131. Fundamentals:11:00 am EUR    ECB President Lagarde SpeaksAll Day        G20 Meetings Comment: The dollar pushed higher in early European trade Friday …

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Daily Market Analysis 06/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18543 with take profit at 1.18724. Bearish Preference: Sell position is envisaged if price trades below 1.18302 with take profit at 1.18151. Fundamentals:3:00 pm USD    ISM Services PMI Comment: U.S. economy is seen opening marginally lower Tuesday. European stock markets slipped lower Tuesday as investors digested a rise …

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Daily Market Analysis 06/07/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15584.8 with take profit at 15612.9. Bearish Preference: Sell position is envisaged if price trades below 15529.3 with take profit at 15506.7. Fundamentals:10:00 am  EUR    ZEW Economic Sentiment      EUR    German ZEW Economic Sentiment Comment: European stock markets edged lower Monday, with investors keeping a wary eye on the …

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Daily Market Analysis 10/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.562 with take profit at 109.643. Bearish Preference: Sell position is envisaged if price trades below 109.425 with take profit at 109.324. Fundamentals:USD 1:30PM    CPI m/m         1:30PM   Core CPI m/m      1:30PM     Unemployment Claims Comment: The dollar edged higher in early …

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Daily Market Analysis 27|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22114 with take profit at 1.22256. Bearish Preference: Sell position is envisaged if price trades below 1.21846 with take profit at 1.21700. Fundamentals:1:30PM USD Prelim GDP q/q Comment: The dollar edged higher in early European trade Thursday, finding support from comments suggesting the Federal Reserve will soon have …

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Daily Market Analysis 19|05|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 67.66 with take profit at 67.94. Bearish Preference: Sell position is envisaged if price trades below 66.99 with take profit at 66.69. Fundamentals:3:30 pm    USD     Crude Oil Inventories Comment: Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases …

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Daily Market Analysis 18|05|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.42115 with take profit at 1.42262. Bearish Preference: Sell position is envisaged if price trades below 1.41517 with take profit at 1.41197. Fundamentals:3:00 pm    GBP    BOE Gov Bailey Speaks Comment: The dollar was down on Tuesday morning in Asia, also  hovering close to multi-month lows against …

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Daily Market Analysis 12|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.21507 with take profit at 1.21687. Bearish Preference: Sell position is envisaged if price trades below 1.21203 with take profit at 1.21017. Fundamentals:1:30 pm USD CPI m/m              USD Core CPI m/m Comment: The dollar edged higher in early European trade Wednesday, …

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