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Daily Market Analysis 06.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.35448 with take profit at 1.35655 . Bearish Preference: Sell position is envisaged if price trades below 1.35079 with take profit at 1.34901. Fundamentals:2:30PM USD Unemployment Claims4:00PM USD ISM Services PMI Comment: The U.S. dollar pushed higher in early European trade Thursday, boosted by rising Treasury yields …

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Daily Market Analysis 06.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1804.81 with take profit at 1807.31. Bearish Preference: Sell position is envisaged if price trades below 1796.65 with take profit at 1794.30. Fundamentals:2:30PM USD Unemployment Claims4:00PM USD ISM Services PMI Comment: The U.S. dollar edged lower overall in early European trade Wednesday, handing back some overnight …

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Daily Market Analysis 05.01.2022: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72512 with take profit at 0.72631. Bearish Preference: Sell position is envisaged if price trades below 0.72184 with take profit at 0.72069. Fundamentals:2:15pm USD ADP Non-Farm Employment Change8:00pm USD FOMC Meeting Minutes Comment: The dollar was down on Wednesday morning in Asia. Meanwhile, the U.S. …

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Daily Market Analysis 05.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1819.65 with take profit at 1822.57. Bearish Preference: Sell position is envisaged if price trades below 1810.66 with take profit at 1807.86. Fundamentals:2:15pm USD ADP Non-Farm Employment Change8:00pm USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia ahead of the minutes from …

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Daily Market Analysis 04.01.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13056 with take profit at 1.13140. Bearish Preference: Sell position is envisaged if price trades below 1.12944 with take profit at 1.12869. Fundamentals:9:00pm EUR Spanish Unemployment Change4:00pm USD ISM Manufacturing PMI             USD JOLTS Job Openings Comment: The U.S. dollar pushed …

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Daily Market Analysis 20/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32182 with take profit at 1.32319. Bearish Preference: Sell position is envisaged if price trades below 1.31909 with take profit at 1.31670. Fundamentals:No major fundamental Comment: The dollar rose in early European trade Monday, climbing close to its recent high, as the Federal Reserve pointed to …

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Daily Market Analysis 16/12/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13103 with take profit at 1.13197. Bearish Preference: Sell position is envisaged if price trades below 1.12903 with take profit at 1.12817. Fundamentals:1:45pm EUR Main Refinancing RateEUR Monetary Policy Statement2:30pm EUR ECB Press Conference Comment: European stock markets traded sharply higher Thursday, with investors reacting positively …

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Daily Market Analysis 16/12/2021: OIL

Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.23 with take profit at 75.46. Bearish Preference: Sell position is envisaged if price trades below 74.29 with take profit at 74.10. Fundamentals:No major fundamental Comment: World stocks marched back towards record highs on Thursday as traders waited to see if Europe’s top central banks, …

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Daily Market Analysis 16/12/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16477.45 with take profit at 16525.47. Bearish Preference: Sell position is envisaged if price trades below 16339.82 with take profit at 16291.51. Fundamentals:2:30pm USD Philly Fed Manufacturing Index USD Unemployment Claims3:15pm USD Industrial Production m/m3:45pm USD Flash Manufacturing PMI3:45pm USD Flash Services PMI Comment: Federal Reserve …

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Daily Market Analysis 16/12/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.45 with take profit at 1790.86. Bearish Preference: Sell position is envisaged if price trades below 1783.55 with take profit at 1780.96. Fundamentals:2:30pm USD Philly Fed Manufacturing Index USD Unemployment Claims3:15pm USD Industrial Production m/m3:45pm USD Flash Manufacturing PMI3:45pm USD Flash Services PMI Comment: European …

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