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Daily Market Analysis 11.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.35446 with take profit at 1.35563. Bearish Preference: Sell position is envisaged if price trades below 1.35030 with take profit at 1.34923. Fundamentals:4:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar was up on Friday morning in Asia, with higher-than-expected U.S. inflation data and hawkish comments …

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Daily Market Analysis 10.02.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.14333 with take profit at 1.14407. Bearish Preference: Sell position is envisaged if price trades below 1.14102 with take profit at 1.14025. Fundamentals:11:00am EUR EU Economic Forecasts2:30pm USD CPI  USD Core CPI m/mUSD Unemployment Claims Comment: European stock markets are expected to open largely unchanged Thursday ahead …

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Daily Market Analysis 09.02.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.27268 with take profit at 1.27404. Bearish Preference: Sell position is envisaged if price trades below 1.26821 with take profit at 1.26672. Fundamentals:6:00pm CAD BOC Gov Macklem Speaks Comment: The dollar stayed in a holding pattern on Wednesday, a day before the release of U.S. consumer …

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Daily Market Analysis 08.02.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14560.75 with take profit at 14606.75. Bearish Preference: Sell position is envisaged if price trades below 14470.02 with take profit at 14420.53. Fundamentals:No Major fundamental Comment: U.S. stock index futures were just above the flatline in morning trading Tuesday as the market awaits key inflation …

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Daily Market Analysis 08.02.2022: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1819.63 with take profit at 1822.44. Bearish Preference: Sell position is envisaged if price trades below 1816.01 with take profit at 1813.28. Fundamentals:No major Fundamental. Comment: Gold futures are trading nearly flat early Tuesday, but prices remained near the previous sessions over one-week high. Helping to …

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Daily Market Analysis 02.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35413 with take profit at 1.35542 . Bearish Preference: Sell position is envisaged if price trades below 1.35041 with take profit at 1.34871. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: The dollar was carrying a couple of bruises on Wednesday as Federal Reserve officials played down the …

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Daily Market Analysis 01.02.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14947.52 with take profit at 14979.91. Bearish Preference: Sell position is envisaged if price trades below 14884.46 with take profit at 14845.25. Fundamentals:4:00pm USD ISM Manufacturing PMI              USD JOLTS Job Openings Comment: Stock futures edged lower Tuesday morning, following a …

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Daily Market Analysis 28.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1792.61 with take profit at 1795.51 . Bearish Preference: Sell position is envisaged if price trades below 1779.41 with take profit at 1776.91. Fundamentals:USD: 2:30PM Core PCE Price Index m/m4PM Revised UoM Consumer Sentiment  Comment: Gold was down on Friday morning in Asia, moves remained small and …

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Daily Market Analysis 27.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14330.79 with take profit at 14436.39. Bearish Preference: Sell position is envisaged if price trades below 13990.63 with take profit at 13886.57. Fundamentals:2:30pm USD Advance GDP q/q Comment: Stock futures fell early Thursday after the Dow Jones Industrial Average and S&P 500 turned lower overnight following a …

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Daily Market Analysis 27.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1813.43 with take profit at 1815.94. Bearish Preference: Sell position is envisaged if price trades below 1807.55  with take profit at 1805.38. Fundamentals:2:30pm USD Advance GDP q/q  Comment: Gold was down on Thursday morning in Asia, extending its losses after falling the most in two months. Investors …

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