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Daily Market Analysis 17.02.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.13983 with take profit at 1.14110. Bearish Preference: Sell position is envisaged if price trades below 1.13561 with take profit at 1.13432. Fundamentals:2:30pm USD Philly Fed Manufacturing Index Comment: European stock markets are expected to open lower Thursday, as investors fret over the fraught situation on the …

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Daily Market Analysis 16.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.35761 with take profit at 1.35921. Bearish Preference: Sell position is envisaged if price trades below 1.35192 with take profit at 1.35010. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m 3:15pmUSD Industrial Production m/m8:00pm USD FOMC Meeting Minutes Comment: The GBP/USD pair maintained its bid …

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Daily Market Analysis 11.02.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 91.47 with take profit at 91.82. Bearish Preference: Sell position is envisaged if price trades below 91.01 with take profit at 90.70. Fundamentals:No Major Fundamental Comment: Oil prices eased on Friday as hot U.S. inflation fanned worries about aggressive interest rate hikes and investors await …

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Daily Market Analysis 08.02.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.14140 with take profit at 1.14377. Bearish Preference: Sell position is envisaged if price trades below 1.13848 with take profit at 1.13638. Fundamentals:No major Fundamental. Comment: European stock markets are expected to open marginally higher Tuesday, trading in a muted fashion as global investors await the release …

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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 25.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14286.34 with take profit at 14360.91. Bearish Preference: Sell position is envisaged if price trades below 14131.86 with take profit at 14057.29. Fundamentals:4:00pm USD CB Consumer Confidence Comment: Asia Pacific stocks were down on Tuesday morning, alongside U.S. equity futures. U.S. shares closed a hair-raising volatile …

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Daily Market Analysis 18.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 15511.45 with take profit at 15563.47. Bearish Preference: Sell position is envisaged if price trades below 15301.05 with take profit at 15264.29. Fundamentals:2:30pm USD Empire State Manufacturing Index Comment: Global stock markets stumbled again on Tuesday and U.S. Treasury yields climbed as cautious investors worried about …

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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 27/12/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1812.21 with take profit at 1813.34. Bearish Preference: Sell position is envisaged if price trades below 1805.91 with take profit at 1804.45. Fundamentals:No Major Fundamental Comment: The dollar was down on Friday, on course to end the week lower after encouraging signs from the pandemic …

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