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Daily Market Analysis 12/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.15696 with take profit at 1.15776. Bearish Preference: A Sell position is envisaged if price trades below price 1.15402 with take profit at 1.15322. Fundamentals:10:00am EUR ZEW Economic Sentiment EUR German ZEW Economic Sentiment3:00pm USD JOLTS Job Openings4:15pm USD FOMC Member Clarida Speaks6:01pm USD …

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Daily Market Analysis 11/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15898 with take profit at 1.15990 Bearish Preference: Sell position is envisaged if price trades below 1.15696 with take profit at 1.15618 Fundamentals:None with high impact on the pair. Comment: Despite Friday’s modest rebound, the EUR/USD pair closed the fifth straight week in the negative …

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Daily Market Analysis 06/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.15445 with take profit at 1.15550. Bearish Preference: A Sell position is envisaged if price trades below price 1.15264 with take profit at 1.15180. Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: The dollar traded higher Wednesday, with this safe haven boosted by concerns rising energy …

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Daily Market Analysis 05/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.16160 with take profit at 1.16279. Bearish Preference: A Sell position is envisaged if price trades below price 1.15815 with take profit at 1.15706. Fundamentals: 3:00pm USD ISM Services PMI4:00pm EUR ECB President Lagarde Speaks6:15pm USD FOMC Member Quarles Speaks Comment: European stock markets are …

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Daily Market Analysis 04/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.16189 with take profit at 1.16299. Bearish Preference: A Sell position is envisaged if price trades below price 1.15914 with take profit at 1.15792. Fundamentals:No major fundamental Comment: Technically, When EUR/USD broke through the upper side of a descending trend channel, it was unable to …

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Daily Market Analysis 01/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16135 with take profit at 1.16248 Bearish Preference: Sell position is envisaged if price trades below 1.15775 with take profit at 1.15651 Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: EUR/USD starts the month in the lower end of the range and …

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Daily Market Analysis 30/09/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.15914 with take profit at 1.16047. Bearish Preference: A Sell position is envisaged if price trades below price 1.15627 with take profit at 1.15494. Fundamentals:USD 1:30PM Unemployment Claims3PM Fed Chair Powell Testifies Comment: We are facing some serious fundamental threats in the broader financial market at the …

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Daily Market Analysis 15/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21538 with take profit at 1.21687. Bearish Preference: Sell position is envisaged if price trades below 1.21279 with take profit at 1.21148. Fundamentals:1:30pm    USD Core Retail Sales m/m    USD PPI m/mUSD Retail Sales m/m Comment: FX markets have been quiet as measures of volatility have …

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Daily Market Analysis 26|04|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above price 1.21168 with take profit at price 1.21305. Bearish Preference: A sell position is envisaged if price trades below price 1.20832 with take profit at price 1.20700. Fundamentals:EUR Zone 9AM: German ifo Business Climate Comment: EUR/USD appears to be stuck in a narrow range as …

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Daily Market Analysis 13|04|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18979 with take profit at 1.19093. Bearish Preference: Sell position is envisaged if price trades below 1.18851 with take profit at 1.18743. Fundamentals:1:30pm   USD   CPI m/m                  USD    Core CPI m/m  Comment:  The US Indices have thought pretty well …

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